Question 117

After subsequent discounts of 10% and 20%, the sale price of a product is Rs. 1,836. If its modest price is 50% of the price at which the subject is priced, what is its suppression price? (In Rupees)

Solution

Let modest price = Rs. $$100x$$

After 1st discount of 10%, selling price = $$100x-(\frac{10}{100}\times100x)=Rs.$$ $$90x$$

Similarly, after 2nd discount of 20%, selling price = $$90x-(\frac{20}{100}\times90x)=Rs.$$ $$72x$$

According to ques, => $$72x=1836$$

=> $$x=\frac{1836}{72}=25.5$$

$$\therefore$$ Suppression price = $$\frac{50}{100}\times100\times25.5=Rs.$$ $$1275$$

=> Ans - (C)

Create a FREE account and get:

CAT Quant Questions | CAT Quantitative Ability