Question : The marked price of a cooler is Rs. 800 it is sold at a discount of 10%. Due to the festival season, the shopkeeper allowed a further discount of 5%. Find the selling price of the cooler.
Option 1: Rs. 688
Option 2: Rs. 684
Option 3: Rs. 678
Option 4: Rs. 672
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Correct Answer: Rs. 684
Solution :
Market Price of cooler = Rs. 800
First discount = 10% = $\frac{10\times{800}}{100}$ = Rs. 80
Selling Price = Market Price – Discount
Selling Price = 800 – 80 = Rs. 720
Due to the festival season, the shopkeeper allowed a further discount of 5%.
So, second discount = 5% of 720 = $\frac{5\times{720}}{100}$ = Rs. 36
$\therefore$ Selling Price of cooler = 720 – 36 = Rs. 684
Hence, the correct answer is Rs. 684.
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