Question

A shopkeeper gives two successive discount of first 20% and then 5% on an item priced ₹ 1000. Calculate the net discount amount given.

• A. ₹ 300
• B. ₹ 290
• C. ₹ 240
• D. ₹ 210

Answer 1

The correct option is C ₹ 240

Given, the marked price of item = ₹ 1000.
Percentage of first discount = 20%

First discount = $\frac{20}{100}\times 1000$
First discount = ₹ 200

Price after first discount = ₹ (1000 - 200)
Price after first discount = ₹ 800

Percentage of second discount = 5%

Second discount = $\frac{5}{100}\times 800$
Second discount = ₹ 40

Price after second discount = ₹ (800 - 40)
Price after second discount = ₹ 760

Hence,
Net discount given = ₹ (1000 - 760)
Net discount given = ₹ 240