An auticle is sold for Rs 1176 after time Successive discounts of 30% and 16% on its list price. What is the difference links) betwen the list price and the selling price article ?
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Answer: difference between list price and selling price is 924 rs
Step-by-step explanation:
Let, list price is x rs
After 1st discount,
Price = (100-30)x/100 = 0.7x rs
After 2nd discount,
Price =(100-16)/100×0.7x = 0.588x rs
Now, 0.588x = 1176
, x = 1176/0.588 = 2000 rs
Difference between list price and selling price = 2000-1176 = 924 re
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