A shopkeeper offers discount 50% + 50% on a shirt of M.R.P ₹800, find the selling price of the shirt.
Answer & explanation
Correct answer: option 4
Here,
50% + 50% means: First 50% discount will be calculated on listed price and then next 50% discount will be calculated on the discounted price.
Therefore,
Price after giving 1st 50% discount on M.R.P = 800 × 50% = Rs.400
Selling price after giving next 50% discount = 400 × 50% = Rs.200
or
We can use the formula of successive discount = 50% + 50% - \(\frac{50×50}{100}\)% = 100% - 25% = 75%
Selling price after giving 50% + 50% discount on M.R.P = 800 × (100 - 75)% = 800 × 25% = Rs.200