The marked price of a battery-operated rickshaw is 90,000. It is available for sale at two successive discounts of 10% and 5%. What is the selling price (in %) of the battery-operated rickshaw?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 76,950.
The marked price(M.P.) of the rickshaw is ₹90,000
Two successive discounts of 10% and 5%
⇒ -10 - 5 + 50/100 = -15 + 0.5 = -14.5%
So,
Pricr after discount = 90000 × (100 - 14.5)/100
⇒ 90000 × 85.5/100
⇒ 900 × 85.5 = ₹76950