The marked price of an article is Rs. 1500. If the two successive discounts each of x% on the marked price is equal to a single discount of Rs. 587.40, then what will be the selling price of the article of a single discount of x% is given on the marked price?
Show answer & explanation
Correct answer: D
Explanation
The correct option is 4 i.e. Rs1170.
Explanation:
MP= 1500
After two successive discounts of x %
- x % , -x% → Rs. 587.40
⇒ -x% + (-x)% = -39.16%
⇒ x = 22%
= 1500 × 0.70
= 1170