Directions : The graph given below shows the daily income of 50 workers in a…
2024
Directions : The graph given below shows the daily income of 50 workers in a factory.
Study the graph and answer the questions.
A single cot bed is marked at Rs. 8,500. The shopkeeper allows successive discounts of 10%, 6% and 4% on it. What is the Net selling price?
- A.
Rs. 7,310
- B.
Rs. 7,013
- C.
Rs. 6,903.36
- D.
Rs. 6,808.75
Attempted by 7 students.
Show answer & explanation
Correct answer: C
Step-by-Step Solution
To calculate the net selling price after successive discounts, you apply each discount sequentially to the remaining balance.
Marked Price (MP): Rs. 8,500
First Discount (10%):
Discount = 10% of 8,500 = 850
Price after 1st discount = 8,500 - 850 = 7,650
Second Discount (6%):
Discount = 6% of 7,650 = 459
Price after 2nd discount = 7,650 - 459 = 7,191
Third Discount (4%):
Discount = 4% of 7,191 = 287.64
Net Selling Price = 7,191 - 287.64 = 6,903.36