The marked price of an article is ₹60,000. It is sold at successive discounts of 10%, 15% and 20%. Find the selling price of the article.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹36,720.
Marked Price = ₹60,000
Successive discounts = 10%, 15%, 20%
Apply 10% discount = 60000 × 0.90 = ₹54,000
Apply 15% discount = 54000 × 0.85 = ₹45,900
Apply 20% discount = 45900 × 0.80 = ₹36,720