List price of an article at a showroom is Rs., 2000 and it is being sold at successive discounts of

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7.Profit and Loss

medium

The list price of an article at a showroom is $Rs.\, 2000$ and it is being sold at successive discounts of $20 \%$ and $10 \% .$ Its net selling price will be (in $Rs.$)

A

$1400$

B

$1440$

C

$1520$

D

$1700$

Solution

Net discount $=\left(-20-10+\frac{200}{100}\right) \%=-28 \%$

$\therefore \quad$ Selling price $=(100-28) \%$ of list price

$=72 \%$ of $2000$

$=72 \times 20=Rs. 1440$

Standard 13

Quantitative Aptitude

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