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Profit, Loss & Discount · Question 62 of 72

Question 62

MediumOriginal question

Store P offers a flat 30% off a cooler marked at ₹4,000. Store Q offers 20% off followed by a further 15% off on the same marked price. Which store is cheaper, and by how much?

Options for question 62

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Store P: 70% of ₹4,000 = ₹2,800.

  2. Store Q: 0.8×0.850.8 \times 0.85 × ₹4,000 = ₹2,720.

  3. Store Q is cheaper by ₹2,800 − ₹2,720 = ₹80.

Worth noting

Store Q's two discounts work out to a single 32%, which beats a flat 30%. ₹200 treats Store Q's offer as 35%.

Concept
Comparing a flat discount with successive discounts
Typical time
65 s
Your time
—
The rule this testsSuccessive discounts
Practise this chapter →

Ten questions from Profit, Loss & Discount, at your own pace.

Practise this chapter →

Ten questions from Profit, Loss & Discount, at your own pace.