Examveda
Examveda

A shop gives 10% discount on the purchase of an item. If paid for in cash immediately, a further discount of 12% is given. If the original price of the item is Rs. 250, what is the price of the article if a cash purchase is made ?

A. Rs. 190

B. Rs. 195

C. Rs. 198

D. Rs. 200

Answer: Option C

Solution(By Examveda Team)

S.P. = 88% of 90% of Rs. 250
$$\eqalign{ & = {\text{Rs}}.\left( {\frac{{88}}{{100}} \times \frac{{90}}{{100}} \times 250} \right) \cr & = {\text{Rs}}.198 \cr} $$

This Question Belongs to Arithmetic Ability >> Profit And Loss

Join The Discussion

Related Questions on Profit and Loss