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A chair listed at Rs. 350 is available a...

A chair listed at Rs. 350 is available at successive discounts of 25% and 10%. The selling price of the chair is

A

Rs. 236.25

B

Rs. 230.25

C

Rs. 240.25

D

Rs. 242.25

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of a chair listed at Rs. 350 with successive discounts of 25% and 10%, we can follow these steps: ### Step 1: Calculate the first discount (25%) 1. The listed price (MP) of the chair is Rs. 350. 2. The first discount is 25% of Rs. 350. 3. To calculate the discount amount: \[ \text{Discount Amount} = \text{MP} \times \frac{25}{100} = 350 \times 0.25 = 87.5 \] 4. Subtract the discount from the listed price to find the new price after the first discount: \[ \text{Price after 1st discount} = 350 - 87.5 = 262.5 \] ### Step 2: Calculate the second discount (10%) 1. Now, apply the second discount of 10% on the new price (Rs. 262.5). 2. To calculate the discount amount: \[ \text{Discount Amount} = \text{New Price} \times \frac{10}{100} = 262.5 \times 0.10 = 26.25 \] 3. Subtract this discount from the price after the first discount to find the final selling price: \[ \text{Selling Price} = 262.5 - 26.25 = 236.25 \] ### Final Answer The selling price of the chair is **Rs. 236.25**. ---
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