A trader sells the article after two successive discounts of 31% and 32% respectively. If the marked price of the article is Rs. 31300, find the selling price.

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UP Police SI (दरोगा) Official PYP (Held On: 12 Nov 2021 Shift 2)
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  1. 14685.96
  2. 11685.96
  3. 13685.96
  4. 12685.96

Answer (Detailed Solution Below)

Option 1 : 14685.96
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यूपी पुलिस SI (दरोगा) सामान्य हिंदी मॉक टेस्ट
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20 Questions 50 Marks 10 Mins

Detailed Solution

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Given:

Marked Price (MP) = ₹ 31300

First Discount = 31%

Second Discount = 32%

Formula Used:

Selling Price (SP) = MP × (1 - Discount1/100) × (1 - Discount2/100)

Calculations:

SP = 31300 × (1 - 31/100) × (1 - 32/100)

⇒ SP = 31300 × 0.69 × 0.68

⇒ SP = 14685.96

∴ The selling price of the article is ₹ 14685.96.

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