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    Question

    A chair listed at 550 is available at successive

    discounts of 25% and 10%. The selling price of the chair is
    A Rs. 361.25 Correct Answer Incorrect Answer
    B Rs. 381.25 Correct Answer Incorrect Answer
    C Rs. 371.75 Correct Answer Incorrect Answer
    D Rs. 371.25 Correct Answer Incorrect Answer

    Solution

    Single equivalent discount = 25 + 10 – (25 × 10)/100 = 32.5% Therefore, SP of chair = [550 × (100 – 32.5)]/100 = Rs. 371.25

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