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      Question

      An item has marked price ₹2000. Two successive

      discounts of 15% and 5% are given. Find: (i) final selling price, (ii) single equivalent discount %.
      A SP = ₹1015, Equivalent discount = 13.25% Correct Answer Incorrect Answer
      B SP = ₹1615, Equivalent discount = 19.25% Correct Answer Incorrect Answer
      C SP = ₹1605, Equivalent discount = 23.55% Correct Answer Incorrect Answer
      D SP = ₹1015, Equivalent discount = 10.25% Correct Answer Incorrect Answer

      Solution

      ATQ, SP = 2000 × 0.85 × 0.95 0.85×0.95 = 0.8075 SP = 2000 × 0.8075 = 1615 Equivalent discount = (1 − 0.8075)×100% = 19.25% Answer: SP=₹1615, Equivalent discount=19.25%

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