Question
The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately the price of the article is
Answer: Option D
Answer: (d)Using Rule 5,Let the original price be Rs.100Increased price = Rs.130Equivalent discount= $(10 + 10 - {10 × 10}/100)$ = 19%Ultimate price of the article = 81% of 130 = 105.3i.e. increase by 5.3%.
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Answer: (d)Using Rule 5,Let the original price be Rs.100Increased price = Rs.130Equivalent discount= $(10 + 10 - {10 × 10}/100)$ = 19%Ultimate price of the article = 81% of 130 = 105.3i.e. increase by 5.3%.
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