Question

Two successive discounts on the marked price of ₹ 7200 reduces the sale price to ₹ _________, if the discounts are 10% and 12%, successively.

Fill the blank space.

1. ₹ 5530.50
2. ₹ 5502.40
3. ₹ 5500.20
4. ₹ 5702.40

Answer 1

Correct Answer - Option 4 : ₹ 5702.40

Given:

MP = ₹ 7200

Successive Discount = 10% and 12%

Calculation:

MP = ₹ 7200

Successive Discount = 10% and 12%

Therefore, Selling price = 7200 × 90/100 × 88/100

⇒ 6480 × 88/100

⇒ 2852/5

⇒ ₹ 5702.40