The marked price of a bed sheet is ₹500. At the time of its sale, two successive discounts of 10% and 5% are available. Find the selling price (in ₹) of the bed sheet.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 427.50.
SP = MP × [(100 - D1)/100] × [(100 - D2)/100]
According to the given question,
SP = 500 × 90/100 × 95/100
⇒ SP = 427.5