The marked price of an article is ₹2,800. It is sold at three successive discounts of 15%, 8% and 5%. Find the selling price of the article (in ₹).
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 2,080.12.
Given,
Marked price = ₹ 2,800
We know,
Selling price after a discount of x% = Marked price × (100 - x)%
According to the question;
Selling price of the article = 2800 × (100 - 15)% × (100 - 8)% × (100 - 5)%
⇒ 2800 × 85% × 92% × 95%
⇒ 2,080.12