Question
The marked price of an article is Rs. 1600. A shopkeeper
gives a discount of 15% and then an additional cash discount of 5% on the reduced price. Find the selling price.Solution
After first discount: Price₁ = 1600 × (1 − 15/100) = 1600 × 0.85 = 1360 After second discount of 5%: Selling price = 1360 × (1 − 5/100) = 1360 × 0.95 = 1292
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