Question

marked price of a pen is 100 rs. successive discount of 15% and 20% is given on the market price of the pen. What is the new price of the pen after the discounts

Answer 1

Answer:

65 or 68 .......correct me if i m wrong

Answer 2

The new price of the pen after the discounts is Rs. 68

Solution:

Given that the marked price of pen = 100

Two successive discount of 15 % and 20 % are given on market price

On given first discount, the value of pen = 100 - 15% of 100

$= 100 - \frac{15}{100} \times 100$

= 100 - 15

= Rs 85

Then On given the second successive discount , the value of pen = 85 - 20% of 85

$= 85 - \frac{20}{100} \times 85$

$= 85 - (0.2 \times 85)$

= 85 - 17

= 68

So the value of pen after two successive discounts of 15% and 20% = Rs 68

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