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
Quick Revision
Two discounts of 20% each give a net discount of 36%, not 40%.
Correct AnswerCorrect option for this question
Learn Discount and MP in 60 Seconds
Discount chains become much simpler when you calculate the fraction of price that remains after each step.
Everything you need to learn, practice & excel — in one place.
3,000+ Video-Based Study Material
PYQ-Based Quizzes
4,000+ Informative Audiobooks
6,300+ Full-Length Mock Tests
Daily Current Affairs
40,000+ PYQs
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.
2-Minute Revision Notes
Revise Discount and MP and Its Related Concepts
Strengthen key concepts with exam-focused visual notes for faster revision.
Explore More Questions
Continue practising by chapter, topic and related subjects.
One question solved. Keep going.
Continue with the next Profit and Loss question and build your accuracy one question at a time.
