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
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