Profit and Loss Practice Test 4

Question : 40 of 40

Marks: +1, -0

The difference between a 40% discount and successive discounts of 30% and 10% on Rs 100 is:

Solution:

Single discount

=30+10-{30×10}/100=37%

According to the statement,
40% of 1,000 - 37% of 1,000

{40×1000}/100-{37×1000}/100

400 - 370 = Rs 30

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