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  1. The list price of an electric fan is Rs. 300. If two successive discounts of 15% and 10% are
    allowed, its selling price would be
    1. Rs. 227.50
    2. Rs. 225
    3. Rs. 230
    4. Rs. 229.50
Correct Option: D

Single equivalent discount for 15% and 10%. = 15 + 10 −
15 × 10
%
100

Single equivalent discount for 15% and 10%. = (25 – 1.5) % = 23.5 %
∴  Required S.P = (100 – 23.5)% of 300
∴  Required S.P =
300 × 76.5
= Rs. 229.5
100

2nd Method to solve this question :
According to given question.
Here, M.P. = Rs. 300, S.P. = ?
D1 = 15%, D2 = 10%
S.P. = M.P.
100 − D1
100 − D2
100100


S.P = 300
100 − 15
100 − 10
100100
S.P = 300 ×
85
×
90
= 229.50
100100



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