Multiple choice

The marked price of an article is Rs 100. A discount series of 5\%, 10\% successively reduces the price of an article by

  1. $4.5$
  2. $14.5$
  3. $24.5$
  4. $12.4$
  5. none

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

Apply discounts successively: 100 × 0.95 = 95 (after 5% discount). Then 95 × 0.90 = 85.5 (after 10% discount). Total reduction = 100 - 85.5 = 14.5. Option B is correct. Successive discounts multiply, they don't add.