An article is sold for Rs. x after offering two successive discounts of 25% and 8% on its marked price of Rs.500. The value of x is:    

Correct option is D

​Given:

Marked price = 500 Rs.

Successive discounts = 25% and 8%

Formula Used:

​$$\text{Net Price} = \text{Marked Price} \times (1 - d_1) \times (1 - d_2)$$​​

where $$d_1$$​ and $$d_2$$​ are discounts in decimal form.

Solution: 

25% can be written as 0.25 

similarly  8% can be written as 0.08 

Now, applying the formula 

$$x = 500 \times (1 - 0.25) \times (1 - 0.08) = 500 \times 0.75 \times 0.92$$​

​$$x = 500 \times 0.69 = 345 \, \text{Rs.}$$ 

Thus, the value of x is Rs.345