Question

The marked price of an article is Rs. $500$. It is sold at successive discounts of $20\%$ and $10\%$. The selling price of the article (in Rs.) is

• A. $350$
• B. $375$
• C. $360$
• D. $400$

Answer 1

The correct option is C $360$

M.P. $=$ Rs. $500$, $1^{st}$ discount $=20\%$
Net price after $1^{st}$ discount $=80\%$ of Rs. $500=\frac{80}{100}\times 500=$ Rs. $400$
$2^{nd}$ discount $=10\%$
$\therefore$ Final S.P. after $2^{nd}$ discount $=\frac{90}{100}\times 400$
$=$ Rs. $360$