Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.
A. Rs. 70.10
B. Rs. 70.20
C. Rs. 72
D. Rs. 72.20
Answer: Option D
Solution (By Examveda Team)
S.P. = 95% of 95% of Rs. 80$$\eqalign{ & = {\text{Rs}}.\left( {\frac{{95}}{{100}} \times \frac{{95}}{{100}} \times 80} \right) \cr & = {\text{Rs}}.72.20 \cr} $$
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