Question
Download Solution PDFA shopkeeper offers a cash discount of Rs. 85 first and then two successive discounts of 10% and 2% on the marked price of a fan. If the marked price of the fan is Rs. 1,285, what is its selling price (in Rs )?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
1st cash discount = Rs. 85
2nd Discount = 10%
3rd Discount = 2%
The marked price of fan = Rs. 1,285
Formula used:
The marked price of the item = cost price - discount price
selling price of item = New marked price after discount.
Calculations:
Price of the Fan after 1st discount = Rs. 1285 - Rs. 85
⇒ Rs. 1200
The new marked price of the fan is = Rs. 1200.
Price of the Fan after 2nd discount = 1200 - 10% of 1200
⇒ 1200 - 120
⇒ Rs. 1080.
The new marked price of the fan is = Rs. 1080
Price of the Fan after 3rd discount = 1080 - 2% of 1080
⇒ 1080 - 21.6
⇒ Rs. 1058.4
∴ The selling price of the fan is Rs. 1,058.4.
Last updated on Jul 2, 2025
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