Balvendra offers two successive discounts of 9% and 4% first and then he also provides a cash discount of Rs.268 on the sale of a CCTV camera. If the marked price of the CCTV camera is Rs.5,000, what is the final price of the CCTV camera for a customer?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. Rs.4,100.
The marked price of the CCTV = Rs.5000
Single discount of two successive discounts = x + y + xy/100 = -9 - 4 + 36/100 = -13 + 0.36 = -12.64 [negative sign shows the discount]
The price of the camera after all the discounts = 5000 × 87.36% = Rs.4368
Also after giving cash discount = 4368 - 268 = Rs. 4100