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An article is listed at Rs. 900 and tow successive discounts of 8% and 8% are given on it. How much would the seller gain or lose, if he gives a single discount o 16% instead of two discounts? `G a in\ of\ R s\ 4. 76` b. `Los\ f\ R s .5.76` c. `Los s\ of\ R s .4.76` d. `G a inof\ R sdot\ 5. 76`

A

Gain, Rs. `4.76`

B

Loss, Rs. `5.76`

C

Gain, Rs. `5.76`

D

Loss, Rs. `4.76`

Text Solution

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The correct Answer is:
B
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S CHAND IIT JEE FOUNDATION-PROFIT AND LOSS AND DISCOUNT -SECTION - B (Question Bank - 11(b))
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  16. The difference between a discount of 35% and two successive discounts ...

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  17. A shopkeeper purchased 150 identical pieces of calculators at the rate...

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  18. By selling an article at 2/5 of the market price there is a loss of 25...

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  19. Two shopkeepers sell a radio of similar brand and type at the same lis...

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