Two successive discounts of 30 percent and 20 percent are given on an article. If the marked price of the article is Rs. 500, then what is the value of net discount?
Show answer & explanation
Correct answer: B
Explanation
Marked price = ₹500
First discount = 30%
Second discount = 20%
First discount = 500 × 30/100 = ₹150
Price after first discount = 500 – 150 = ₹350
Second discount = 350 × 20/100 = ₹70
Net discount = 150 + 70 = ₹220