Multiple choice

A merchant allows 5% discount on all his goods to all his customers. He offers a further discount of 2% on the reduced price to those customers who pay cash. What will a customer actually has to pay for an article in cash if its marked price is Rs 9600?

  1. $7832.5$
  2. $8937.6$
  3. $7896.6$
  4. $8432.5$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

First discount 5% on Rs 9600: 9600 × 0.95 = 9120. Second discount 2% on reduced price: 9120 × 0.98 = 8937.6. Customer pays Rs 8937.60. Option B correct. Option A (7832.5) too low. Option C (7896.6) incorrect calculation. Option D (8432.5) doesn't match correct successive discount.