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The marked price on an item was Rs 4800/- but the shopkeeper offered a double discount of 18% and 20%. How much did he finally sell the item for?
Question

The marked price on an item was Rs 4800/- but the shopkeeper offered a double discount of 18% and 20%. How much did he finally sell the item for?

A.

Rs. 3642

B.

Rs. 3148.8

C.

Rs. 2976

D.

Rs. 3258.8

Correct option is B

Given:
Marked Price = Rs. 4800, First Discount = 18%, Second Discount = 20%
Formula Used:
Final Price = Marked Price×(1 - First Discount %)×(1 - Second Discount %)
Solution:
Price after first discount = 4800×(1 - 18/100) = 4800×0.82 = Rs. 3936
Price after second discount = 3936×(1 - 20/100) = 3936×0.80 = Rs. 3148.8
Therefore, the final selling price of the item is Rs. Rs. 3148.8

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