Question

A car is marked at $Rs.3,00,000$. The dealer allows successive discount of $6\%,4\%$ and $2\frac{1}{2}\%$ on it. What is the net selling price ?

• A. $Rs.253852$
• B. $Rs.283462$
• C. $Rs.241962$
• D. $Rs.2,63,952$

Answer 1

The correct option is D $Rs.2,63,952$

Market price = $3,00,000$

Price after 6% discount $=3,00,000[1-\frac{6}{100}]$

$=\frac{94}{100}\times 3,00,000$

$=282,000$

Price after 4% discount $=282,000[1-\frac{4}{100}]$

$=\frac{96}{100}\times 282,000$

$=270,720$

Price after 2.5% discount $=270,720[1-\frac{2.5}{100}]$

$=\frac{97.5}{100}\times 270,720$

$=263952$