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 %.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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