The marked price of an item was ₹12,500. Two successive discounts of 12% each were offered on its sale. What was the selling price (in ₹) of the item?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 9680.
Single discount = - x - y + xy/100
⇒ -12 - 12 + 144/100 = -24 + 1.44 = 22.56
Selling price = 12500 × = 9680