Marked price of an article is ₹2500.It

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Marked price of an article is ₹2500.It is sold at two successive discounts of 12% and 10% respectively. What is the selling price?

Options:

₹1870

₹2090

₹1760

₹1980

Correct Answer:

₹1980

Explanation:

The marked price of the article=Rs. 2500

The selling price at two successive discounts of 12% and 10% respectively = 2500 × \(\frac{88}{100}\) × \(\frac{90}{100}\) = 1980