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Find the selling price of an ar ticle if...

Find the selling price of an ar ticle if a shopkeeper allows two successive discounts of 5% each on the marked price of 80.

A

70.2

B

70.1

C

72

D

72.2

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of an article after allowing two successive discounts of 5% each on the marked price of Rs. 80, we can follow these steps: ### Step 1: Calculate the first discount The marked price (MP) is Rs. 80. The first discount (D1) is 5% of the marked price. \[ D1 = \frac{5}{100} \times 80 = \frac{400}{100} = 4 \] ### Step 2: Calculate the price after the first discount Now, subtract the first discount from the marked price to find the new price (P1). \[ P1 = MP - D1 = 80 - 4 = 76 \] ### Step 3: Calculate the second discount Now, apply the second discount (D2) of 5% on the new price (P1), which is Rs. 76. \[ D2 = \frac{5}{100} \times 76 = \frac{380}{100} = 3.8 \] ### Step 4: Calculate the final selling price Finally, subtract the second discount from the price after the first discount to find the selling price (SP). \[ SP = P1 - D2 = 76 - 3.8 = 72.2 \] Thus, the selling price of the article is **Rs. 72.2**. ---
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