The marked price of a revolving chair is ₹15,000. It is available on two successive discounts of 20% and 12%. What is its selling price (in ₹)?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 10,560.
Given that, MP of chair = ₹15,000
Discounts, D1 = 20% and D2 = 12%
SP = MP
According to the given question,
⇒ SP =
⇒ = 10560
Hence the the selling price of the chair is 10,560.