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Question

The price of an article decreased twice successively, first by 30% and then by 40%. If the original price was Rs.1000, what is it now?


A

Rs. 400

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B

Rs. 300

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C

Rs. 240

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D

Rs. 420

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Solution

The correct option is D

Rs. 420


Original price of the article = Rs.1000

Price of the article after 30% decrease = 100030100×1000 = Rs. 700

Price of the article after 40% decrease = 70040100×700 = Rs. 420


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