A sofa set is offered for sale at three successive discounts of 10%, 5%, and 2%. Find the net selling price of the sofa set if its marked price is ₹18,000.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. ₹15,082.20.
The marked price of the Sofa = ₹18,000
Selling price = Marked price × (100 - Discount %)/100
The selling price of the sofa set = 18000 × (100 - 10)/100 × (100 - 5)/100 × (100 - 2)/100
= 18000 × 90/100 × 95/100 × 98/100
= Rs 15082.20