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A shopkeeper marks the price of an artic...

A shopkeeper marks the price of an article at Rs. 80. What will be the selling price, if he allows two successive discounts of 5% each ?

A

Rs. 72.2

B

Rs. 72

C

Rs. 85

D

Rs. 7.2

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of an article after two successive discounts of 5% each on a marked price of Rs. 80, we can follow these steps: ### Step 1: Calculate the first discount The first discount is 5% of the marked price (Rs. 80). \[ \text{First Discount} = \frac{5}{100} \times 80 = 4 \] ### Step 2: Calculate the price after the first discount Subtract the first discount from the marked price to find the new price. \[ \text{Price after first discount} = 80 - 4 = 76 \] ### Step 3: Calculate the second discount Now, we apply the second discount of 5% on the new price (Rs. 76). \[ \text{Second Discount} = \frac{5}{100} \times 76 = 3.8 \] ### Step 4: Calculate the selling price after the second discount Subtract the second discount from the price after the first discount to find the final selling price. \[ \text{Selling Price} = 76 - 3.8 = 72.2 \] Thus, the selling price of the article after allowing two successive discounts of 5% each is **Rs. 72.2**. ---
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