Question
A dealer buys two articles X and Y for ₹2,000 each. He marks each of them at the same price. He sells X by giving two successive discounts of 28% and 90% and still earns ₹322 as profit. If he sells Y at a single discount of 88%, then what is the profit percentage on Y?
Asked in RRB Technician Grade III · 2026
Discount and MP · Quantitative Aptitude
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Successive discounts must be applied one after another, not simply added.
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An equivalent single discount tells you the one discount that produces the same final selling price as multiple 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.
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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