A shopkeeper offers successive discounts of 35%, 10% and 6%on every item. At what price (nearest to a rupee) customers can get an item marked for ₹1,000?
Answer & explanation
Correct answer: option 2
Successive discounts = 35%, 10% and 6%
Marked price = 1000
Selling price = 1000 × \(\frac{65}{100}\) × \(\frac{90}{100}\) × \(\frac{94}{100}\) = 549.9 = 550