Question 54

If an item whose marked price is ₹1,000 is sold after two successive discounts of l0% and 15%, then find the price at which the item is sold.

Solution

If an item whose marked price is ₹1,000 is sold after two successive discounts of l0% and 15%.

The price at which the item is sold (selling price) = 1000 of (100-10)% of (100-15)%

= 1000 of 90% of 85%

= $$1000\times\frac{90}{100}\times\frac{85}{100}$$

= $$9\times85$$

= 765

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