The marked price of a bottle is ₹2,600. Two successive discounts of 10% and 30% are given. What is the selling price?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹1,638
Conncept Used :
S.P. = M.P. × (100 - D)/100
Given :
M.P. = ₹2,600
D1 = 10% and D2 = 20%
Now, S.P. = 2,600 × (100 - 10)/100 × (100 - 20)/100
S.P. = 2,600 × 90/100 × 80/100
S.P. = 1,638
Hence the selling price is ₹1,638.