A shopkeeper marks the price of an article at TK. 80. What will be the selling price. if he allows two successive discounts of 5% each ?
A
TK. 72
B
TK. 85
C
Tk. 72.2
D
Tk. 7.2
Correct Answer: Tk. 72.2
Given, two successive discounts of 5% ∴ 80 - 5% of 80 = 80 - 80 ×5100 = 80 - 4 = 76Again , 76 - 5% of 76 = 76 - 76×5100 = 76 - 3.8 = 72.2