If an item whose marked price is ₹1,000 is sold after two successive discounts of 10% and 15%, then find the price at which the item is sold.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. ₹765
Net discount on the item =
Net dicount on the item = 25 - 1.5 = 23.5%
Selling price of the item = 1000 - 23.5% of 1000 = 1000 - 235
So,
Selling price of the itme = ₹765