The difference between the selling prices obtained after a single discount of 45% and two successive discounts of 30% and 15% on the marked price ₹12,000 of an article is :
Answer & explanation
Correct answer: option 4
Price of the product = 12000
Discounts = 30% and 15% successively
And a single discount of = 45%
so in this type of questions when the sum of both the discounts that are given successively and single is same then the difference between them is always = \(\frac{x × y}{100}\)
So, the difference = \(\frac{30 × 15}{100}\) = 4.5%
4.5% of 12000= ₹540