An item marked at ₹5,300 is sold after two successive discounts of 25% and 5%. What is the selling price?

Discount and Marked Price · Quantitative Aptitude · Medium · Practice for SSC CGL Tier 1

An item marked at ₹5,300 is sold after two successive discounts of 25% and 5%. What is the selling price?

  1. ₹3,776.25
  2. ₹3,710
  3. ₹3,935.25
  4. ₹3,617.25
Answer and solution

Correct answer: A) ₹3,776.25

SP = 5,300 × 0.75 × 0.95 = ₹3,776.25. 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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