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Question

A trader allows successive discounts of 15% and 10% on the marked price of an article. If the marked price is Rs.100, what would be the selling price?


A
Rs. 76.50
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B
Rs. 75
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C
Rs. 80
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D
Rs. 77
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Solution

The correct option is A Rs. 76.50
Marked Price =Rs 100

Price after 15% discount:

15% Discount =0.15x100=Rs 15

Price after discount =10015=Rs 85

Price after 10% discount:

10% Discount =0.10x85=Rs 8.50

Price after discount =858.5=Rs 76.50

Hence, the selling price is Rs 76.50

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