2) Profit and Loss

After successive discounts of 12% and 5% an article was sold for Rs.209. What was the original price of the article?
(A)Rs.226 (B)Rs.250 (C)Rs.252 (D)Rs.269


Answer: B


Description:
Let the original price be Rs.X. Then, (ie 100-12=88% ; 100-5=95%)
95% of 88% of  X=209
 X=[(209*100*100) / (95*88)]
X=250