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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. Find a single discount equivalent to successive discounts of 5% and 20%.
  4. Find a single discount equivalent to successive discounts of 15% and 18%.
  5. How much percentage above the cost price should a shopkeeper mark his goods so that after allowing a discount 25% he should gain 12%?
  6. The marked price of a shirt is ₹500. If the shopkeeper offers a 20% discount, what is the selling price of the shirt?
  7. An article is marked for ₹720. If two successive discounts of 10% and 15% are allowed for sale, then the selling price of the article is:
  8. An electronics retailer offers two successive discounts of 7% and 10% on a TV priced at ₹48,000. What is the difference in the final price after applying two successive discounts compared to applying a flat discount of 17%?
  9. 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 _______.
  10. 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?

Important Questions from Discount and MP

  1. The marked price of an article is Rs. 1500. A shopkeeper sells it by giving 20% discount on its marked price. If the cost price of the article is Rs. 991, then his profit (in Rs.) is:

  2. Surbhi sold an article for Rs. 176 after giving 12% discount on its marked price. Had she not given any discount; she would have earned a profit of 25%. What is the cost price (in Rs.) of the article?

  3. The marked price of an article is Rs. 240. A shopkeeper sells it by allowing 18% discount on its marked price and still gains 23%. What is the cost price (in Rs.) of the article?

  4. Three shopkeepers A, B and C marked on an identical article at Rs. 4820. A, B and C sold their article on successive discounts of 20% and 20%; 25% and 15%; 30% and 10% respectively. Which shopkeeper gives the maximum discount and how much (in Rs.)?

  5. Find a single discount percentage equivalent to successive discounts of 10%, 20% and 25%.

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