The marked price on a book is Rs 1,000. In a book fair, it is available for sale with a discount scheme offering two successive discounts of 12% and 8%. What is the final selling price (in Rs) of the book for a customer (rounded off to the nearest integer)?
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Explanation:
- The marked price of the book is Rs 1,000.
- The first discount applied is 12%.
- 12% of Rs 1,000 is Rs 120.
- The price after the first discount is Rs 1,000 - Rs 120 = Rs 880.
- The second discount applied is 8% on the new price of Rs 880.
- 8% of Rs 880 is Rs 70.4.
- The final price after the second discount is Rs 880 - Rs 70.4 = Rs 809.6.
- Rounding Rs 809.6 to the nearest integer gives Rs 810.
Option 1: 810 is the correct answer.
By: Parvesh Mehta ProfileResourcesReport error