Question

While selling an article, the shopkeeper offers the following discount schemes. The sale cost of the article is ₹10,000. He demands a 20% down cash payment. For the remaining 80% payment, he offers the following schemes. 1.Two successive discounts of 10% 2.A discount of 10% followed by a discount of 8% If the buyer opts for the first scheme, then how much benefit is he getting in the payment?

Asked in Punjab Police Constable · 2023
Discount and MP · Quantitative Aptitude
Exam PYQ4 Options
Quantitative AptitudeProfit and LossDiscount and MPSuccessive DiscountsPunjab Police Constable2023
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Quick Revision

Final SP = MP × (1−a/100) × (1−b/100).

Correct AnswerCorrect option for this question
Option D — ₹1,520

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This concept is useful for comparing two shops offering different combinations of successive discounts.

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Questions Asked from Profit and Loss in Previous Exams

See how often Profit and Loss has appeared in previous-year questions across major government exams.

High Exam Frequency
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
32Railways Questions Asked in These Years:2016, 2018, 2020, 2021, 2022, 2023, 2024, 2025, 2026
55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
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