PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2014

Practice Mode:
72.

A shopkeeper gives 3 consecutive discounts of 10%, 15% and 15% after which he sells his goods at a percentage profit of30.05% on the cost price. Find the value of the percentage profit that the shopkeeper would have earned if he had given discounts of 10% and 15% only:

A: 53%
B: 62.5%
C: 72.5%
D: 68.6%

The answer is: A