Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of ₹80.
Answer & explanation
Correct answer: option 3
Marked price of the article = 80
Discount = 5% (Two times)
Selling price = 80 × \(\frac{19}{20}\) × \(\frac{19}{20}\) = ₹72.20