A shopkeeper offers a cash discount of ₹275 first and then three successive discounts of 10%, 8% and 5% on the sale of a laptop. If the marked price of the laptop is ₹85,275, find its price for a customer.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹66,861.
Marked Price (MP) = ₹85,275
Less cash discount = ₹275
New price = ₹85,275 - ₹275 = ₹85,000
Single discount of 10 and 8 = -10 - 8 + 80/100 = -18 + 0.8 = -17.2%
Single discount of 17.2% and 5% = -17.2 - 5 + 86/100 = -22.2 + 0.86 = -21.34%
⇒ 85000 × = ₹66,861