regulatoryBody RBI Assistant Prelims and Mains Mock Test 2023 Quantitative Aptitude Profit and Loss Discount and MP
After giving two successive discounts of 20% and 5% respectively on the marked price of a product, the shopkeeper earns a profit of Rs. 4272. Instead if he gives two successive discounts of 15% and 10% respectively on the marked price of the product, his profit will increase by Rs. 186. By how much will his profit increase/decrease if he sells the product on a single discount of 25%?
1
Increase by Rs. 279
2
Increase by Rs. 372
3
Decrease by Rs. 279
4
Decrease by Rs. 372
5
None of these