The price of a laptop was initially ?
- AOption (a)
- BOption (b)
- COption (c)
- DOption (d)
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Correct answer
Why this answer is correct
Shortcut Trick
Apply the successive multiplying factor for the discounts.
Final Price = Initial Price × (100 − d1)% × (100 − d2)%
Final Price = 1200 × 80% × 85%
Final Price = 1200 × 0.8 × 0.85 = 816
∴ The correct answer is 816.
Alternate Method
Given:
Initial price of the laptop = 1200
First discount percentage = 20%
Second discount percentage = 15%
Calculations:
⇒ Amount of first discount = 20% of 1200 = (20/100) × 1200 = 240
⇒ Price after first discount = 1200 − 240 = 960
⇒ Amount of second discount = 15% of 960 = (15/100) × 960 = 144
⇒ Final price of the laptop = 960 − 144 = 816
∴ The correct answer is 816.
Additional Information
Single Equivalent Discount Formula
For two successive discounts of a% and b%, the single effective discount is calculated as (a + b − (a × b)/100)%.
Relationship between MP and SP
Selling Price (SP) = Marked Price (MP) × (100 − Discount%)/100. Discounts are always applied to the Marked Price.
Successive Percentage Change
Final Value = Initial Value × (1 ± r1/100) × (1 ± r2/100), where r represents the percentage increase (+) or decrease (−).