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 ca

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?

View Complete Solution Here

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

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

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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This is Ashutosh Nautiyal. Currently, I'm pursuing my graduation from Bipin Tripathi Kumaon Institute Of Technology, Dwarahat, Almora and my branch is Civil Engineering. I have done my schooling at Omkarananda Saraswati Nilayam, Rishikesh.

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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.

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

View Complete Solution Here

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

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

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