If two successive discounts of 15% and 10% are allowed, its selling price would be :

The list price of an electric fan is Rs.300. If two successive discounts of 15% and 10% are allowed, its selling price would be

  1. Rs.225
  2. Rs.230
  3. Rs.229.50
  4. Rs.227.50
Anurag Mishra Professor Asked on 29th December 2015 in Maths.
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1 Answer(s)

Answer is Rs.229.50

Explanation:-
The list price of an electric fan = Rs. 300

The single discount of two successive discounts 15% and 10% = 15 + 10 – 15 x 10/100
  = 25 – 1.5
 = 23.5 %

Then, selling price of an electric fan = 300 – 300 x 23.5/100
 = 300 – 70.5
 = Rs.229.5

Then, the selling price would be Rs. 229.5.

Hence, the correct answer is option (3) Rs. 229.5

Monis Rasool Professor Answered on 29th December 2015.
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