Multiple choice

An item is marked for 240 for sale. If two successive discounts of 10% and 5% are allowed on the sale price, the selling price of the article will be

  1. 205.20

  2. 204

  3. 38.80

  4. 36

  5. 0
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A Correct answer
Explanation

The first discount of 10% reduces the price to 240 * 0.90 = 216. The second discount of 5% is applied to this new price, resulting in a final selling price of 216 * 0.95 = 205.20.

AI explanation

Using the successive discount formula, the final selling price is calculated by applying the discounts sequentially to the marked price. The price after the first 10% discount is 240 * 0.90 = 216. Applying the second 5% discount gives the final selling price of 216 * 0.95 = 205.20.

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