Question 60

The marked price of an item was ₹5,000. While selling the item, the seller offered successive discounts of 15% and 5%. What was the final selling price of the item?

Solution

The marked price of an item was ₹5,000.

marked price of an item = ₹5,000

While selling the item, the seller offered successive discounts of 15% and 5%.

Final selling price of the item = 5000 of (100-15)% of (100-5)%

= 5000 of 85% of 95%

= $$5000\times\frac{85}{100}\times\frac{95}{100}$$

= $$85\times\frac{95}{2}$$

= $$85\times47.5$$

= ₹4037.5

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