Question 74

A trader allows two successive discounts of 5% each on the marked price of a sofa set for ₹24,500. The selling price of sofa set is:

Solution

A trader allows two successive discounts of 5% each on the marked price of a sofa set for ₹24,500.

Total discount $$=5+5- \frac{5\times5}{100} = 9.75$$

Selling Price = 24500 - ($$\frac{9.75}{100}\times 24500 $$)

= 24500 - 2388.75

= Rs. 22111.25

Option D is correct.

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