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Find the selling price of an article after two successive discounts of 10% and 15% if the marked price is Rs. 2000

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Given- 

  • Marked Price (MP) = Rs.2000
  • First Discount = 10%
  • Second Discount = 15%

To find- Selling price

Solution -  Using formula, Net Discount % = First Discount + Second Discount – (First × Second ÷ 100)

Net Discount = 10 + 15 – (10 × 15 ÷ 100) = 25 – 1.5 = 23.5%

Marked Price = Rs.2000 , Net Discount = 23.5%

So, Selling Price = 2000 × (100 – 23.5) ÷ 100 = (2000 × 76.5) ÷ 100 = Rs.1530

Posted by

Saniya Khatri

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