Multiple choice

A shopkeeper bought an article at Rs. 1800 and marked price (\frac{7}{18}) more than cost price. He gives two successive discounts of 20 % and 25 %. Find the selling price of the article.

  1. 1500 Rs.

  2. 1870 Rs.

  3. 1250 Rs.

  4. Can’t determine because the value of x or y is not given.

  5. None of these

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

Marked price = Cost price + Markup = 1800 + (7/18)×1800 = 1800 + 700 = 2500. After first discount of 20%: 2500 × 0.8 = 2000. After second discount of 25%: 2000 × 0.75 = 1500. The selling price is Rs. 1500. Option A is correct. Note: The option text mentions 'value of x or y' which appears to be a template error unrelated to this problem.