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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Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…

Civil Engineering With Akhand Dutta

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

About the Author

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