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An item is marked for Rs. 240 for sale. ...

An item is marked for Rs. 240 for sale. If two successive discounts of 10% and 5% are allowed on the ale price, the selling price of the article will be

A

Rs. 205.20

B

Rs. 204

C

Rs. 34.80

D

Rs. 36

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of an item after applying two successive discounts, we can follow these steps: ### Step 1: Identify the Marked Price The marked price (MP) of the item is given as Rs. 240. ### Step 2: Calculate the First Discount The first discount is 10%. To calculate the amount of the first discount: - First Discount = 10% of Marked Price - First Discount = (10/100) * 240 = Rs. 24 ### Step 3: Calculate the Price After First Discount To find the price after the first discount, subtract the first discount from the marked price: - Price after First Discount = Marked Price - First Discount - Price after First Discount = 240 - 24 = Rs. 216 ### Step 4: Calculate the Second Discount The second discount is 5%. Now, we apply this discount to the new price after the first discount: - Second Discount = 5% of Price after First Discount - Second Discount = (5/100) * 216 = Rs. 10.80 ### Step 5: Calculate the Selling Price Finally, to find the selling price, subtract the second discount from the price after the first discount: - Selling Price = Price after First Discount - Second Discount - Selling Price = 216 - 10.80 = Rs. 205.20 ### Final Answer The selling price of the article after applying the two successive discounts is Rs. 205.20. ---
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