An article is sold for ₹1,176 after two successive discounts of 30% and 16% on its list price. What is the difference (in ₹) between the list price and the selling price of the article ?
Answer & explanation
Correct answer: option 4
Selling price of the article = 1176
Discounts given = 30% and 16%
Now the marked price of that article = 1176 × \(\frac{10}{7}\) × \(\frac{100}{84}\) = 2000
The difference (in ₹) between the list price and the selling price of the article = 2000 - 1176 = 824