1.

The dealer marks the price of an article at Rs. 175. If he gives two successive discount of 8% each. Then, what will be the selling price?1. Rs. 134.152. Rs. 123.453. Rs. 148.124. Rs. 154.34

Answer» Correct Answer - Option 3 : Rs. 148.12

Given:

Each discount: 8%

Market price:

Rs. 175

Formula used:

Selling price = Market price (1 – D1%) (1 – D1%)

Where D1 and D2 represents successive discounts.

Calculation:

S.P. = 175 (1 – 8%) (1 – 8%)

⇒ 148.12

Alternate method:

Market price = Rs. 175

Price after first discount = 175 - 175 × 8%

⇒ Rs. 161

Price after second discount = 161 – 161 × 8%

⇒ Rs.148.12

So, selling price is Rs. 148.12



Discussion

No Comment Found

Related InterviewSolutions