What Is The Net Selling Price ?
A double bed is marked at Rs.7500, The shopkeeper allows successive discounts of 8%, 5% and 2% on it. What is the Net selling price ?
(A) 6,500 (8) 6,000
(C) 6,423.90 (D) 6,500.50
Answer: (C) 6,423.90
Explanation:-
The market price of a double bed = Rs.7500
He gave successive discounts = 8%, 5% and 2%
Then, the selling price = 7500 x (100 – 8) x (100 – 5) x (100 – 2)/100 x 100 x 100
= 7500 x 92 x 95 x 98/100 x 100 x 100
= 75 x 92 x 19 x 98/20 x 100
= 15 x 46 x 19 x 49/5 x 20
= 6423 . 9
Hence, the net selling price is Rs.5,423.90
