What will be Price of the Article? If

The price of an article is raised by 30% and then two successive discounts of 10% each are allowed, Ultimately, the price of the article is:

  1. Decreased by 5.3%
  2. Increased by 3%
  3. Increases by 5.3%
  4. Increased by 10%
Harsh Vardhan Professor Asked on 27th July 2015 in Maths.
Add Comment
1 Answer(s)

Answer: (3) Increased price by 5.3 %
Explanation:-
Let be the price of an article = Rs.100
The price of an article is raised by 30 %,
Then, the price of an article = 100 + 100 x 30/100
= 100 + 30
= Rs.130
Two successive discount of 10 % each = 10 + 10 – 10 x 10/100
= 20 – 1 = 19 %
Then, the discount of an article =130 x 19/100
= 24.7%
Then, The price of an article = 130 – 24.7
= 105.3
The increased price = 105.3 – 100
= 5.3 %
Hence, the answer is (3) increased by 5.3%.

Anurag Mishra Professor Answered on 27th July 2015.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.