Curioustab

Home » Aptitude » Discount

The difference between a discount of 40% on ₹ 500 and two successive discounts of 36% and 4% on the same amount is?

₹ 0
₹ 2
₹ 1.93
₹ 7.20

Correct Answer: ₹ 7.20

Explanation:

∵ Single discount equivalent to 36% and 4%
= 36 + 4 - {(36 x 4)/100} = 38.56
∴ Required difference
= {(40 - 38.56) x 500}/100 = 1.44 x 5 = ₹ 7.20

← Previous Question Next Question→

More Questions from Discount

A merchant marked the price on his goods 20% more than its cost price and allows a discount of 15%. His gain percent is
Rita bought a television set with 20% discount on the labelled price. She made a profit of ₹ 800 by selling it for ₹ 16800. The labelled price of the set was
The marked price of an article is ₹ 500. It is sold on two successive discounts of 20% and 10%. The selling price of that article is
Two successive discounts of 20% and 5% are equivalent to a single discount of
The present worth of ₹ 920 due at the end of 3 years at 5 % simple interest per annum is :
If the simple interest on a certain sum is due for some years at 6 % is ₹180, and the discount at 5 % on the same amount is ₹140. Find the sum and the time.
The banker's gain on a certain sum of money is due for 9 months at 4 % p.a. is ₹2.25. The sum is :
The present worth of a bill of ₹1764 due for 2 years at 5 % compound interest is :
The present worth of a sum of money due for 146 days at 5 % is ₹400. The sum due is :
A banker discounts a 4 months bill at 3 %. If the proceeds be invested in a manner, so that nothing is lost, the interest rate should be :

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion