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
$$\eqalign{ & = {\text{Rs}}.\left( {\frac{{95}}{{100}} \times \frac{{95}}{{100}} \times 80} \right) \cr & = {\text{Rs}}.72.20 \cr} $$