The price of a chair is Rs., 500. It has been | vedclass

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(B) The marked price of the chair is $Rs.\, 500$.Two successive discounts of $10\%$ are applied.After the first discount of $10\%$,the price becomes $

Vedclass · Accepted Answer

$405$

Vedclass · Answer

(B) The marked price of the chair is $Rs.\, 500$.Two successive discounts of $10\%$ are applied.After the first discount of $10\%$,the price becomes $500 	imes (1 - 0.10) = 500 	imes 0.90 = Rs.\, 450$.After the second discount of $10\%$,the price becomes $450 	imes (1 - 0.10) = 450 	imes 0.90 = Rs.\, 405$.Alternatively,the effective discount is $10\% + 10\% - (10 	imes 10 / 100)\% = 19\%$.Selling Price $= 500 	imes (1 - 0.19) = 500 	imes 0.81 = Rs.\, 405$.

The price of a chair is $Rs.\, 500$. It has been sold at two successive discounts of $10\%$ each. What is its selling price? (in $Rs.$)

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