Question

    A shopkeeper offers successive discounts of 20% and 10% on a product. If the marked price of the product is ₹1000, what is the selling price?

    A ₹720 Correct Answer Incorrect Answer
    B ₹700 Correct Answer Incorrect Answer
    C ₹680 Correct Answer Incorrect Answer
    D ₹660 Correct Answer Incorrect Answer

    Solution

    After the first discount of 20%, the price becomes 1000 * (1 - 20/100) = ₹800 After the second discount of 10%, the price becomes 800 * (1 - 10/100) = ₹720 Answer: (A)

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