A dealer buys a car listed at Rs. 200000 at successive discounts of 5 % and 10 %. If he sells the car for Rs. 179550, then his profit is
CP, of the car = 95% of 90% of Rs. 200000
⇒95100×90100×200000
⇒95×90×20=Rs171000
S.P. of the car = Rs. 179550
∴ Profit % =((179550−171000)171000×100) %
=(8550171000×100)% = 5%