New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A product is marked at ₹1,200. If a discount of 20% is

    offered, and then a tax of 10% is applied on the discounted price, what is the final price paid by the customer?
    A ₹1,056 Correct Answer Incorrect Answer
    B ₹1,080 Correct Answer Incorrect Answer
    C ₹1,120 Correct Answer Incorrect Answer
    D ₹1,200 Correct Answer Incorrect Answer

    Solution

    Discount = 20% of 1200 = 0.20 * 1200 = ₹240. Selling price after discount = 1200 - 240 = ₹960. Tax = 10% of 960 = 0.10 * 960 = ₹96. Final price = 960 + 96 = ₹1,056. Correct answer: A) ₹1,056

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