Question : The marked price of a shirt is INR 2,000. It is sold at a discount of 15%. The shopkeeper has allowed a further discount of 5% due to the off-season. Find the selling price of the shirt.
Option 1: INR 1,710
Option 2: INR 1,615
Option 3: INR 1,650
Option 4: INR 1,700
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Correct Answer: INR 1,615
Solution :
First discount = 15%
⇒ First discount = $\frac{15}{100}×2000$ = INR 300
⇒ Reduced price after first discount = 2000 − 300 = INR 1700
Second discount = 5%
⇒ Second discount = $\frac{5}{100}×1700$ = INR 85
⇒ Selling price = 1700 − 85 = INR 1,615
Hence, the correct answer is INR 1,615.
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