Question 120

A shopkeeper marks the price of an article at 80. What will be the selling price, if he allows two successive discounts at 5% each ?

Solution

marked price of article = Rs 80

Now as it is given that two successive discounts of 5% are being provided it means after 1st discount price becomes = 0.95 x 80 = 76

Now after 2nd 5% discount price becomes = 0.95x76 =Rs 72.2

Hence selling price = Rs 72.2

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