Question

There is an all time discount of 20% on all items in Mr. Lal's shop .During festive season ,Mr. Lal gives an additional discount of 5%on each of the following items .Find the final selling price of each item .​

Answer 1

If costumes S.P. is Rs. 500 then after giving the discount the final selling price of the item is Rs. 380.

Step-by-step explanation:

The initial selling price of the costume is given as Rs. 500.

All-time discount given by Mr. Lal on all the items in his shop = 20%

Due to festive season, the additional discount given by him = 5%

Therefore, during the festive season Mr. Lal will give a successive discount of 20% & 5% on every item in his shop.

Now,

After the first discount of 20% on SP of Rs. 500,

The selling price of the costume will be = 500 – [20% * 500] = 500 – [0.20*500] = Rs. 400

Then an additional 5% discount on the costume is given on Rs. 400,

∴ The final selling price of the costume will be = 400 – [5%*400] = 400 – 20 = Rs. 380

Thus, the final selling price of the costume is Rs. 380.

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