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Find the selling price of an article if a shopkeeper allows...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.

Answer & Solution
Correct Answer: Option D
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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