Question
An article has marked price Rs 2500. A shopkeeper gives successive discounts of 12% and 5%. Find (i) selling price, (ii) effective discount %.
Solution
ATQ, Selling price = 2500 × (1 − 0.12) × (1 − 0.05) = 2500 × 0.88 × 0.95 = 2500 × 0.836 = 2090 Effective discount = (1 − 0.836) × 100 = 16.4% Answer: SP = Rs 2090; Effective discount = 16.4%
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