13 Views

Question : A shopkeeper offers a cash discount of 85 first and then two successive discounts of 10% and 2% on the remaining price of a fan. If the marked price of the fan is Rs. 1,285, then what is its selling price (in Rs.)?

Option 1: 1058.4

Option 2: 1000.4

Option 3: 958.4

Option 4: 1100


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: 1058.4


Solution : Given, the marked price of the fan = Rs. 1285
Price of the Fan after cash discount = Rs. 1285 – Rs. 85 = Rs. 1200
The new marked price of the fan = Rs. 1200
Price of the Fan after 1st discount = 1200 – 10% of 1200 = 1200 – 120 = Rs. 1080
The newly marked price of the fan = Rs. 1080
Price of the Fan after 2nd discount = 1080 – 2% of 1080 = 1080 – 21.6 = Rs. 1058.4
So, the selling price of the fan is Rs. 1,058.4
Hence, the correct answer is 1,058.4.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books