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Two successive discounts of 10% and 5%, in this order, are given on a bill of ₹ 110. Find the net amount of money payable to clear the bill. (answer to the nearest rupee)
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- ₹ 94
- ₹ 95
- ₹ 96
- ₹ 97
Correct Option: A
Use the below formula to calculate the Single equivalent discount.
Single equivalent discount = | D1 + D2 − | % | |||
100 |
Single equivalent discount = | 10 + 5 − | % | |||
100 |
Single equivalent discount = 14.5 %
∴ Amount to be paid = (100 – 14.5)% of 110
⇒ Amount to be paid = | = ₹ 94.05 | |
100 |
⇒ Amount to be paid ≈ ₹ 94