4 Views

Question : If an item whose marked price is INR 1,000 is sold after two successive discounts of 10% and 15%, then find the price at which the item is sold.

Option 1: INR 775

Option 2: INR 745

Option 3: INR 755

Option 4: INR 765


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: INR 765


Solution : Given :
${D}_1=10\%$
${D}_2=15\%$
Marked Price = INR 1000
Putting values in the equation,
Net discount percentage $=10+15-\frac{10\times 15}{2}=25-1.5=23.5\%$
Now Selling price of the item,
Selling price = $1000(1-\frac{23.5}{100})=1000\times 0.765=765$
Hence, the selling price of the item is INR 765.

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