Multiple choice

A sofa-set listed at Rs. 800 is sold to a retailer at successive discounts of 25% and 15% by the wholesaler. Then the cost price of the sofa-set for the retailer is -

  1. Rs. 500

  2. Rs. 510

  3. Rs. 550

  4. Rs. 560

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

First discount: 800 × 25% = 200, price becomes 600. Second discount: 600 × 15% = 90, final price = 600 - 90 = 510. Option A (500) is incorrect. Option C (550) ignores the second discount. Option D (560) incorrectly adds the discounts.