Find the SP of an article, if a shopkeeper allows two successive discounts $5 %$ each on the MP of $80$ .

70.10

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70.20

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72

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72.20

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Solution

The correct option is D $72.20$
Two successive discounts on 15% on MP 80. Therefore,
$S P = 80 \times \frac{95}{100} \times \frac{95}{100} = 72.20$

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