A shopkeeper offers two successive discounts of 10% and 20% on a laptop priced at ₹40,000. What is the final selling price after both discounts?
Show answer & explanation
Correct answer: C
Explanation
Given:
Marked price = ₹40,000
First discount = 10%
Second discount = 20%
Formula:
Final price = Marked price × (1 − discount) × (1 − discount)
Price after first discount = 40,000 × (1 − 10/100) = 36,000
Price after second discount = 36,000 × (1 − 20/100) = 28,800
Final selling price = ₹28,800