Multiple choice

An article has marked price of Rs. 6,800. If two successive discounts of 12% and 20% are given, then what will be the selling price (in Rs.)?

  1. 4,787.2

  2. 4,624

  3. 4,460.8

  4. 4,524
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A Correct answer
Explanation

Successive discounts of 12% and 20% mean the price is multiplied by 0.88 and 0.80. 6800 * 0.88 * 0.80 = 6800 * 0.704 = 4787.2.

AI explanation

Using the successive selling price formula, the final price equals Marked Price multiplied by (1 minus Discount 1) multiplied by (1 minus Discount 2). Substituting the given values gives 6800 multiplied by 0.88 multiplied by 0.80. Multiplying these factors yields a selling price of Rs. 4,787.2.

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