Discussion Forum : True Discount
Question - List price of an article at a show room is Rs.2,000 and it is being sold at successive discounts of 20% and 10%. Its net selling price will be :
Options:
A .  Rs.1400
B .  Rs.1440
C .  Rs.1900
D .  Rs.1700
Answer: Option B
Answer: (b)Equivalent discount for successive discounts of 20% and 10%= $[20 + 10 - {20 × 10}/100]%$ = 28%Net selling price = 72% of 2000= Rs.${72 × 2000}/100$ = Rs.1440Using Rule 3,Here, M.P. = Rs.2000, $D_1 = 20%, D_2$ = 10%S.P. = M.P.$[({100 - D_1}/100)({100 - D_2}/100)]$= M.P.$[2000 × ({100 - 20}/100) × ({100 - 10}/100)]$= $2000 × {80 × 90}/10000$ = Rs.1440

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