Ramachandran sold his computer at three successive discounts of 18%,12% and 5%. If the marked price of the computer if Rs 36000, then find the net selling price of the computer. (Correct to two places of decimals)
Show answer & explanation
Correct answer: B
Explanation
Correct answer is option 2 i.e. Rs 24,678.72
Marked price = Rs 36000
Discount 1 = 18%
Discount 2 = 12%
Discount 3 = 5%
Selling price of the computer after three successive discounts of 18%,12% and 5%
Selling price = Marked price × (100 - discount%)/100
⇒ Selling price = 36000 × (100 - 18)% × (100 - 12)% × (100 - 5)%
⇒ Selling price = 36000 × 82% × 88 × 95% = Rs 24678.72