Question

    A shopkeeper marked an article at ₹5,000. The

    shopkeeper allows successive discounts of 20%,15% and 10%. The selling price of the article is:
    A ₹2,750 Correct Answer Incorrect Answer
    B ₹3,000 Correct Answer Incorrect Answer
    C ₹2,800 Correct Answer Incorrect Answer
    D ₹3,060 Correct Answer Incorrect Answer

    Solution

    Marked Price (MP) = ₹5,000   1st Discount:   SP after 20% discount = (5000 x (1 - {20/100}   = 5000 x 0.8 = 4000   2nd Discount:   SP after 15% discount = (4000 x (1 - {15/100})   = 4000 x 0.85 = 3400   3rd Discount:   SP after 10% discount = (3400 x (1 - {10/100})   = 3400 x 0.9 = 3060 Final Selling Price =  ₹3,060

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