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In a festival season sale, a pair of jeans is sold at successive discounts of 20%, 30% and 50%. What will be its selling price if the marked price is Rs. 2000?1). Rs. 5602). Rs. 603). Rs. 14404). Rs. 2000 |
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Answer» A successive discount of 20%, 30% and 50% means that a discount of 20% is APPLIED on original marked price to obtain REVISED price. Then, 30% discount is applied on this revised price to obtain a NEW revised price. Then, 50% discount is applied on this new revised price to obtain final selling price. Here, Marked price = Rs. 2000 So, Revised Price = Marked Price × (1 – (Discount Percentage)/100) ⇒ Revised Price = 2000 × (1 – 20/100) = 2000 × 0.8 = 1600 ⇒ New Revised Price = Revised Price × (1 – 30/100) = 1600 × 0.7 = 1120 ⇒ Final Selling Price = New Revised Price × (1 – 50/100) = 1120 × 0.5 = 560 ∴ Selling price of a PAIR of jeans = Rs. 560 |
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