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<html><body><h2 id="content-id-4109523867-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-6938205471-3"><b>Question On Profit And Loss </b></h2>Two offers were being made to Swaroop for a watch with a marked price of â&#130;¹1,600. Either two successive discounts of 20%, or two discounts of 30% and 10% after each other is offered. If Swaroop opted for the better plan over the other, how much more must he have saved ?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 40 Seconds </h3></div></div><h2 id="content-id-1079482635-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>â&#130;¹35</p>
</li><li><p>â&#130;¹16</p>
</li><li><p>â&#130;¹30</p>
</li><li><p>â&#130;¹22</p>
</li></ol> <h2 id="content-id-5897642031-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>â&#130;¹16.</strong></p>

<p>Marked price = 1600 </p>

<p>Successive discount of x percent = -x -x + x<sup>2 </sup>/ 100</p>

<p>successive discounts of 20% = -20 -20 + 4 = -36%</p>

<p>Hence, the price now = <span class="math-tex">\(\frac{64}{100}\)</span> × 1600 = 1024</p>

<p>After 2 discounts of 30 and 10% , the net discount = -30 -10 + 3 = -37%</p>

<p>Hence, the price now = <span class="math-tex">\(\frac{63}{100}\)</span> × 1600 = 1008</p>

<p>The amount saved = 1024 - 1008 = 16</p>

<p>Hence,  if Swaroop opted for the better plan over the other he must have saved â&#130;¹16.</p>
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