Q305
Two stories A and B mark the price of an item identically. A allows 3 successive discounts of 10% each. B allows 10% discount on the list price and a subsequent discount of 19%. Under the circumstances, which of the following is true?
A.
The price of the article is cheaper at A
B.
The price of the article is cheaper at B
C.
The price of the article is same at A and B
AnswerD.
The price cannot be determined
Answer: Option C
Solution
Answer: Option C
Solution:
Let the M.P. of the item at each of the stories A and B be Rs. 100.Final price at A = 90% of 90% of 90% of Rs. 100
Final price at B = 81% of 90% of Rs. 100
Hence, the price of the article is same at A and B