A person first increases the price of a commodity by 10% and then he announces a discount of 15%. The actual discount on the original price is -
A. 5%
B. 6.5%
C. 7.5%
D. 12.5%
Answer: Option B
Solution(By Examveda Team)
Let the original price of the commodity be Rs. 100.Increased price = Rs. 110
Price after discount
$$\eqalign{ & = {\text{85}}\% {\text{ of Rs}}{\text{.110}} \cr & {\text{ = Rs}}{\text{.}}\left( {\frac{{85}}{{100}} \times 110} \right) \cr & = {\text{Rs}}{\text{. 93}}{\text{.50}}{\text{}} \cr} $$
∴ Discount on original price = (100 - 93.50)% = 6.5%
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
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C. Rs. 2,750
D. Rs. 2,250
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