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Question

A dealer offers successive discounts of 15% and 12% on a refrigerator marked at ₹25,000. What is the final selling price?

This question was previously asked in
RRB NTPC 2024 CBT 1 Question Paper (28-Aug-2025) (Shift 3)
The correct answer is
₹18,700

To find the final selling price (SP) of the refrigerator after successive discounts, we first calculate the price after the initial discount and then apply the second discount to that reduced price.

Refrigerator Discounts Calculation

Given:

  • Marked Price (MP) = ₹25,000
  • First Discount = 15%
  • Second Discount = 12%

Step 1: Calculate Price After First Discount

The first discount is 15% on the marked price.

Discount Amount 1 = $MP \times \frac{15}{100}$

Discount Amount 1 = $25000 \times \frac{15}{100} = ₹3750$

Price after 1st Discount = $MP - \text{Discount Amount 1}$

Price after 1st Discount = $25000 - 3750 = ₹21250$

Step 2: Calculate Final Selling Price After Second Discount

The second discount of 12% is applied to the price calculated after the first discount (₹21,250).

Discount Amount 2 = Price after 1st Discount $\times \frac{12}{100}$

Discount Amount 2 = $21250 \times \frac{12}{100} = ₹2550$

Final Selling Price (SP) = Price after 1st Discount - Discount Amount 2

SP = $21250 - 2550 = ₹18700$

Alternative Method: Using Successive Discount Formula

The final selling price can also be calculated directly:

SP = $MP \times (1 - \frac{d_1}{100}) \times (1 - \frac{d_2}{100})$

SP = $25000 \times (1 - \frac{15}{100}) \times (1 - \frac{12}{100})$

SP = $25000 \times (1 - 0.15) \times (1 - 0.12)$

SP = $25000 \times 0.85 \times 0.88$

SP = $25000 \times 0.748$

SP = $₹18700$

Therefore, the final selling price of the refrigerator is ₹18,700.

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Similar Questions

  1. An item marked for ₹38,800 is available on a discount of 25% or two successive discounts of 10% and 15%. What is the difference between the selling prices in the discount schemes?
  2. A wholesaler gives a scheme discount of 10% on a marked price of ₹400. What is the selling price?
  3. How much percentage above the cost price should a shopkeeper mark his goods so that after allowing a discount 25% he should gain 12%?
  4. The marked price of a shirt is ₹500. If the shopkeeper offers a 20% discount, what is the selling price of the shirt?
  5. If on a marked price, the difference between selling prices with a discount of 45% and two successive discounts of 30% and 20% is ₹84, then the marked price is _______.
  6. If a selling price of ₹36 results in a 10% discount on a list price, what selling price will result in a 20% discount on the list price?
  7. A salesman offers 20% additional discount, after offering an initial discount of 25% on the labelled rate of a laptop. If the final sale price of the laptop is ₹18,000, then what was its labelled rate?
  8. A man got a discount of 10% on sugar at Big Mart which allowed him to buy 25 kg more for ₹225/-. What is the discounted price and the original price of the sugar per kg?
  9. Rahul bought a sweater and saved ₹200 when a discount of 25% was given. What was the price of the sweater before the discount?
  10. After deducting a commission of 10% on the marked price, a T.V. set costs ₹9,090. What is its marked price?

Important Questions from Discount and MP

  1. If a trader marks the price of an article 50 percent more than the cost price and allows a discount of 30 percent, then what is his profit percentage?

  2. What will be the selling price of an article if two successive discounts of 15% and 12% are offered on its marked price of Rs. 25,500?

  3. Printed price of a mobile is Rs. 6,400. It is sold in Rs. 2,560 with two consecutive discount. If first discount is 20%, then what is the second discount?

  4. Lekhana saves Rs. 15 on the purchase of a book when a discount of 20% is given. How much did she pay for the book?

  5. What will be the selling price if three successive discounts of 10% is applied on an item marked at Rs 3000?

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