A book, originally priced at 10% at ₹600, is subject to a reduction in cost through two consecutive discounts: an initial markdown of 10%, followed by an additional 20% discount. The question then is to determine the conclusive selling price of the book once both these successive price adjustments have been applied.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹432.
Book original price = 600
Price after first discount = 600 × 0.90 = 540
Price after second discount = 540 × 0.80 = 432