Multiple choice

A car is marked at $Rs.\,3,00,000$. The dealer allows successive discount of $6\% ,4\% $ and $2\frac{1}{2}\% $ on it. What is the net selling price ?

  1. $Rs.\,253852$
  2. $Rs.\,283462$
  3. $Rs.\,241962$
  4. $Rs.\,2,63,952$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Successive discounts of 6%, 4%, and 2.5% result in a multiplier of 0.94 * 0.96 * 0.975 = 0.87984. 300,000 * 0.87984 = 263,952.

AI explanation

To find the net selling price after successive discounts, calculate the final amount by multiplying the marked price by the complements of each discount percentage. The net selling price equals 300000 multiplied by 0.94, 0.96, and 0.975, which results in 263952. The net selling price is Rs. 2,63,952.

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