An article is sold for Rs. 1,176 after two successive discounts of 30% and 16% on its list price. What is the difference (in Rs) between the list price and the selling price of the article?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 824
Rs.1176 = LP × 70% × 84%
⇒ 1176 = LP × 70% × 84%
⇒ LP = 1176 × 100 × 100/ 70 × 84
⇒ LP = Rs.2000
The difference between List Price and Selling Price = 2000 - 1176
⇒ Rs.824