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Successive discounts of 10% and 20% are given on a Rs 500 item. Find the final price.
ARs 350
BRs 360
CRs 380
DRs 400
Answer & Solution
Correct answer: A. Rs 350
1. After first 10% discount: 500 * 0.90 = 450.
2. After second 20% discount on 450: 450 * 0.80 = 360.
3. So the final price is Rs 360.
4. Note: successive 10% + 20% is NOT the same as 30% off.
_Source: SSC CGL Quantitative Aptitude (Percentages), R.S. Aggarwal style and standard practice_
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