Successive discounts of 10% and 20% are given on the purchase of a purse. If the marked price of the purse is ₹2,250, find the selling price.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹1,620.
The marked price of the purse = ₹2,250
Selling price = 2250 × [(100 - 10)/100] × [(100 - 20)/100]
= 2250 × (9/10) × (8/10)
= 1620
Therefore, the selling price of the purse is ₹1,620.