Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
Profit and Loss Practice Test 8
Show Para
Hide Para
Share question:
© examsnet.com
Question : 6
Total: 40
Madhu went to purchase a sewing machine. The shopkeeper asked her to pay 10% VAT if she wants the bill. After a long discussion, Madhu manages to get the discount of 6% on the actual sale price and she paid she shopkeeper Rs 24,111 with the bill. Besides, she also manages to avoid 10% tax on the already discounted price. What is the amount of discount she has got?
Rs 3,990
Rs 3,784
Rs 4,104
Rs 4,066
Cannot be determined
Validate
Solution:
CP = 100 then SP =
100
+
[
10
100
×
100
]
= Rs 110 [Including tax]
SP after 6% discount = Rs 94
So, discount per cent = 110 - 94 = 16%
So, SP is 94 when discount = Rs 16
SP is Rs 24,111 when discount
=
16
94
×
24
,
111
= Rs 4,104
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
Prev Question
Next Question