What is the selling price of a calculator if a shopkeeper allows two successive discounts of 7% each on its marked price of Rs. 500?
- ARs. 430.25
- BRs. 440.85
- CRs. 435.00
- DRs. 432.45
Solution & Step-by-step Explanation
Marked Price (MP) = Rs. 500
Two successive discounts of 7% are given.
The Selling Price (SP) can be calculated as:
SP=MP×(1−
100
d
1
)×(1−
100
d
2
)
SP=500×(1−
100
7
)×(1−
100
7
)
SP=500×
100
93
×
100
93
SP=5×
100
8649
SP=
100
43245
=Rs. 432.45
Two successive discounts of 7% are given.
The Selling Price (SP) can be calculated as:
SP=MP×(1−
100
d
1
)×(1−
100
d
2
)
SP=500×(1−
100
7
)×(1−
100
7
)
SP=500×
100
93
×
100
93
SP=5×
100
8649
SP=
100
43245
=Rs. 432.45