On the marked price of Rs.1,250 of an article, three successive discounts of 5%, 15%, and 20% were offered. The amount (in Rs) of discount by a customer is :
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 442.50.
We know that
S.P = 100 × (95/100) × (85/100) × (80/100) = 64.6%
Total discount% = Marked Price - Selling Price
⇒ 100 - 64.6 = 35.4%
Total Discount = 1250 × (35.4/100) = Rs.442.5