Question

A store marks the price of a pair of shoes at ₹1,200. During a sale, they offer a 10% discount, followed by an additional 5% discount on the new price. What is the final price of the shoes after both discounts ?

• A. ₹1,020
• B. ₹1,030
• C. ₹1,026
• D. ₹1,014

Answer 1

Answer:

C. ₹1,026

Marked Price (MP) = ₹1,200

First Discount = 10%

Second Discount = 5%

Formula used: New Price = MP × (1 - Discount/100)

Calculation:

Apply the first discount:

⇒ New Price after 1st Discount = ₹1,200 × (1 - 10/100)

⇒ New Price after 1st Discount = ₹1,200 × 0.9

⇒ New Price after 1st Discount = ₹1,080

Apply the second discount on the new price:

⇒ Final Price = ₹1,080 × (1 - 5/100)

⇒ Final Price = ₹1,080 × 0.95

⇒ Final Price = ₹1,026