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Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of $ 80.
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- $ 70.20
- $ 70.10
- $ 72.00
- $ 72.20
Correct Option: D
Given that , marked price = $ 80.
| The S.P. after the first discount of 5% on $ 80 = $ |  | 80 - | 5 × 80 |  | = $ (80 – 4) = $ 76 | |
| 100 |
Again, after 5% discount on $ 76,
| S.P. = $ | | 76 - | 5 × 76 | | = $ (76 – 3.80) = $ 72.20 | |
| 100 |
