The list price of a hand mixer at a showroom is ₹2,000 and it is being sold at successive discounts of 15% and 10%. What is its net selling price in rupees?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 1,530.
The marked price of the hand mixer at a showroom = ₹2,000
Two successive discounts are 15% and 10%.
Selling price = 2000 × [(100 - 15)/100] × [(100 - 10)/100]
= 2000 × (17/20) × (9/10)
= 1530
Therefore, the selling price of the hand mixer is ₹1,530.