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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 |
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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 |
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