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SSC Sample Paper Mock Test-19 SSC CGL Tear-II Paper-1

  • question_answer
    The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately the price of the article is

    A) Increased by 10%

    B)  Increased by 5.3%

    C)  Decreased by 3%

    D)  Decreased by 5.3%

    Correct Answer: B

    Solution :

    Let the original price be Rs. 100. \[\therefore \]Increased price = Rs. 130 Equivalent discount \[=\left( 10+10-\frac{10\times 10}{100} \right)=19%\] \[\therefore \]Ultimate price of the article = 81% of 130 = 105.3 Obviously, an increase by 5.3%


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