Question

An electronic store owner allows two equal successive discounts of 10% on each item. The store also has a scheme of reward points which enables a customer to get an additional discount of 25 on every 100 reward points earned. This is applicable on the net payment. If a refrigerator is marked at ₹45,000, what will its selling price (in ₹) be for a customer who has 750 reward points to his credit on the previous purchases from this store?

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

Two discounts of 20% each give a net discount of 36%, not 40%.

Correct AnswerCorrect option for this question
Option C — 36275

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Discount chains become much simpler when you calculate the fraction of price that remains after each step.

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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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