An item marked at ₹3,700 is sold after two successive discounts of 20% and 5%. What is the selling price?
An item marked at ₹3,700 is sold after two successive discounts of 20% and 5%. What is the selling price?
Answer and solution
Correct answer: A) ₹2,812
SP = 3,700 × 0.8 × 0.95 = ₹2,812. Successive discounts are not simply added.
Learn the method: Discount and Marked Price rules and worked examples · SSC CGL Tier 1 Quantitative Aptitude
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