A dealer buys a car listed at 200000 Rs. at successive discounts of 5% and 10%. If he sells the car for 179550, then his profit is :
A dealer buys a car listed at 200000 Rs. at successive discounts of 5% and 10%. If he sells the car for 179550, then his profit is :
[A]4%
[B]5%
[C]9%
[D]10%
5%
Equivalent discount
∴ CP = 85.5% of 200000
SP = 179550 Rs.
Gain = (179550 – 171000) = 8550 Rs.
Hence option [B] is correct answer.
