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Question 53
The listed price of a product is ₹ 500. Whatshall be the sale price after successive discounts of 10% and 10%?
Solution
Given, Marked Price = Rs.500
Discount = 10% each
Effective discount = $$-10-10+\dfrac{10\times10}{100} = -20+1 = 19$$%
Discount = 19% of 500 = Rs.95
Therefore, Selling Price = Rs.500-95 = Rs.405
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