Successive discounts of x% and 15% are equivalent to a single discount of 32%. What is the value of x? MCQ with Answer and Explanation

Successive discounts of x% and 15% are equivalent to a single discount of 32%. What is the value of x?
A. 18
B. 22
C. 15
D. 20
Answer: Option D
Solution (By JKSSB Mock Tests)
Equivalent multiplier = (1 - x/100) * 0.85. 1 - 0.32 = 0.68. (1 - x/100) * 0.85 = 0.68. 1 - x/100 = 0.68 / 0.85 = 0.80. x/100 = 0.20. x = 20.

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Practice More Profit And Loss Questions

Question #1
A person buys a T-shirt for Rs. 800 and sells it at a profit of 25%. What is the selling price?
A. Rs. 1050
B. Rs. 950
C. Rs. 1000
D. Rs. 900

Correct Answer: Option C


Explanation:
SP = 800*1.25 = 1000.

This question belongs to: Maths Profit And Loss
Question #2
A man sold a book at a 16% loss. Had he sold it for Rs. 42 more, he would have gained 12%. What is the cost price of the book?
A. Rs. 160
B. Rs. 140
C. Rs. 150
D. Rs. 120

Correct Answer: Option C


Explanation:
Difference in percentage = 12% - (-16%) = 28%. 28% of Cost Price = 42. Cost Price = (42 / 28) * 100 = 150.

This question belongs to: Maths Profit And Loss
Question #3
By selling 45 lemons for Rs. 40, a man loses 20%. How many should he sell for Rs. 24 to gain 20%?
A. 16
B. 20
C. 22
D. 18

Correct Answer: Option D


Explanation:
Selling Price of 45 lemons = 40. Cost Price of 45 lemons = 40 / 0.80 = 50. Desired Selling Price for 45 lemons for 20% profit = 50 * 1.20 = 60. To get Rs. 60, he sells 45 lemons. To get Rs. 24, he must sell (45 / 60) * 24 = 18 lemons.

This question belongs to: Maths Profit And Loss