A shopkeeper offers a 20% discount on the marked price of an article. If the marked price of the article is ₹2,500 and the shopkeeper further gives a 10% discount on the already reduced price, what is the final selling price of the article?
Show answer & explanation
Correct answer: B
Explanation
Given:
Marked price = ₹2500
First discount = 20%
Second discount = 10%
Formula:
Selling price = Marked price × (1 − discount₁) × (1 − discount₂)
Price after first discount = 2500 × (1 − 20/100) = 2000
Price after second discount = 2000 × (1 − 10/100) = 1800
Final selling price = ₹1800