Question 59

The cost price of an article is Rs.100. A discount series of 5%, 10% successively reduces the price of a article by

Solution

Cost price = Rs. 100

Selling price after first discount of 5% = $$100-(\frac{5}{100}\times100)$$

= $$100-5=Rs.$$ $$95$$

Similarly, selling price after second discount of 10% = $$95-(\frac{10}{100}\times95)$$

= $$95-9.5=Rs.$$ $$85.5$$

$$\therefore$$ Amount is reduced by = $$100-85.5=Rs.$$ $$14.5$$

=> Ans - (B)

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