Raman paid ₹18,656 for a mobile phone, after a single discount of 12%. If Raman is given successive discounts of 4% and 8%, then how much Raman would pay?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e ₹18,723.84.
Raman paid 18,656 after a 12% discount
That means marked price = 18,656 ÷ 0.88 = 21,200
Now apply successive discounts of 4% and 8%.
First discount: 21,200 × 0.96 = 20,352
Second discount: 20,352 × 0.92 = 18,723.84.