The marked price of an article is Rs. 600. If a shopkeeper gives two successive discounts of 20% and 10% on the marked price of the article, how much would be the selling price (in Rs.) of the article?
- A432
- B500
- C450
- D475
Solution & Step-by-step Explanation
Marked Price (MP) = Rs. 600
First discount = 20%
Second discount = 10%
Selling Price (SP) after successive discounts:
SP=MP×(1−
100
20
)×(1−
100
10
)
SP=600×
100
80
×
100
90
SP=600×0.8×0.9
SP=600×0.72=432
First discount = 20%
Second discount = 10%
Selling Price (SP) after successive discounts:
SP=MP×(1−
100
20
)×(1−
100
10
)
SP=600×
100
80
×
100
90
SP=600×0.8×0.9
SP=600×0.72=432