The price of a chair is Rs. 500. It has been sold at two succesive discounts of 10% each. What is its selling price?
A) Rs. 400 B) Rs. 405 C) Rs. 415 D) Rs. 425
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Answer:
Correct option B
Step-by-step explanation:
Single equivalent discount for 10% and 10%
={10+10-10×10/100}%=19%
therefore, Sp. of chair ={100-19}%of Rs. 500
therefore, Sp. of chair =Rs.{500×81/100}
=Rs.405
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