A silver puja thali set marked at ₹10,000 is sold with two successive discounts of 10% and 5%. An additional 5% discount is offered if the payment is made in cash. Find the selling price of the article on cash payment.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. ₹8,122.50.
Marked Price (MP) = ₹10,000
Single discount of two successive discount = x + y + xy/100
⇒ -10 - 5 + 50/100 = -15 + 0.5 = -14.5 [negative sign shows discount]
Price after single discount = 10,000 × 85.5/100 = ₹8550
Price after 5% discount = 8550 × = 8550 × = ₹8122.50