Profit and Loss Practice Test 5

Question : 6 of 40

Marks: +1, -0

A chair listed at Rs 350 is available at successive discounts of 25% and 10%. The selling price of the chair is

Solution:

Marked price of the chair = Rs 350
Single discount

= x + y -{xy}/100

=25 +10 -{25× 10}/100

= 32.5%
SP of the chair = 350 - 32.5% of Rs 350

= 350-32.5/100 ×350

Sale price = 350 - 113.75 = Rs 236.25

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