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|A trader fixes the marked price of a wallet at ₹240 and then allows discounts of 15% and 15% successively. Calculate the selling price.

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A trader fixes the marked price of a wallet at ₹240 and then allows discounts of 15% and 15% successively. Calculate the selling price.

A₹183.4

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B

₹143.4

C₹173.4

D₹193.4

Answer

₹193.4

Net Discount = 15 + 15 − (15×15/100) = 27.75%. Final SP = 240 × (100 − 27.75)/100 = ₹173.40.

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