A) Gain of Rs. 4.76
B) Loss of Rs. 5.76
C) Gain of Rs. 5.76
D) Loss of Rs. 4.76
Correct Answer: B
Solution :
Equivalent discount for two successive discounts of 8% and 8% |
\[=\left( 8+8-\frac{8\times 8}{100} \right)%\] |
\[=(16-0\cdot 64)%=15.36%\] |
\[\therefore \] SP \[=(100-15\cdot 36)%\]of Rs. 900 |
= Rs. \[\left( \frac{84.64\times 900}{100} \right)\]= Rs. 761.76 |
For a single discount of 16%, |
SP = 84% of 900 = Rs. \[\left( \frac{84\times 900}{100} \right)\] = Rs. 756 |
Certainly seller will lose in this case |
\[\therefore \] Loss = Rs. \[(761.76-756)\] = Rs. 5.76 |
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