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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 โ€“ (25 ร— 10)/100 = 32.5% Therefore, SP of chair = [550 ร— (100 โ€“ 32.5)]/100 = Rs. 371.25

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