Profit and Loss Practice Test 1

Question : 39 of 40

Marks: +1, -0

Applied to a bill for Rs. 1,00,000, the difference between a discount of 40% and two successive discounts of 36% and 4% is:

Solution:

Required difference

=64/100×96/100×1,00,000

- 60/100 ×1,00,000

= 61,440 – 60,000 = Rs. 1440

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