Question 72

The marked price of an article is ₹5320. It is subject to two successive discounts, the first being 15%, and the second at a rate of 20% of the first. What is the selling price (to nearest ₹) of the article?

Solution

The marked price of an article is ₹5320.

First discount = 15%

Price of the article after 15% discount = $$\frac{85}{100}\times5320$$ = ₹4522

Second discount = 20% of 15% = $$\frac{20}{100}\times$$15% = 3%

Selling price of the article after 3% discount = $$\frac{97}{100}\times4522$$ = ₹4386.34

= ₹4386 (approximately)

Hence, the correct answer is Option D

Share on Whatsapp Share on Whatsapp

Create a FREE account and get: