Multiple choice

An article, which was originally marked at $ 350, was sold at two successive discounts of 14% and 7%. Find out the final price at which the article was sold.

  1. $ 315.68
  2. $ 303.58
  3. $ 288.93
  4. $ 279.93
  5. $ 170.07
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

To find the final price, apply the discounts sequentially: 350 * 0.86 = 301, then 301 * 0.93 = 279.93. Alternatively, 350 * 0.86 * 0.93 = 279.93.

AI explanation

Using the successive discount formula, the final selling price equals Marked Price multiplied by (1 minus Discount 1) multiplied by (1 minus Discount 2). Substituting the given values gives 350 multiplied by 0.86 multiplied by 0.93. Multiplying these together yields a final selling price of $ 279.93.

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