A sells a car priced at ₹ 1,80,000. He gives a discount of 5% on the first ₹ 1,00,000 and 12.5% on the remaining ₹ 80,000. His competitor B sells a car at the same marked price at ₹ 1,80,000. If he wants to be competitive what percentage discount should B offer on the marked price.

A sells a car priced at ₹ 1,80,000. He gives a discount of 5% on the first ₹ 1,00,000 and 12.5% on the remaining ₹ 80,000. His competitor B sells a car at the same marked price at ₹ 1,80,000. If he wants to be competitive what percentage discount should B offer on the marked price.

  • A. 3.33%
  • B. 15.67%
  • C. 8.33%
  • D. 6.67%
 

The correct answer is option C. 8.33%. Can you explain this answer in the comments?


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Books I recommend for Quantitative Aptitude:


1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal


A sells a car priced at ₹ 1,80,000. He gives a discount of 5% on the first ₹ 1,00,000 and 12.5% on the remaining ₹ 80,000. His competitor B sells a car at the same marked price at ₹ 1,80,000. If he wants to be competitive what percentage discount should B offer on the marked price.




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