A shopkeeper allows 15% discount to customer and allows 5% extra discount to his members. He charges ₹ 4 lakh for the goods of MRP of ₹5 lakh from one of his member. Find amount of loss of the shopkeeper.

₹3750

Here, loss is equal to the given discount

Hence loss = 500000 × \(\frac{15}{100}\) × \(\frac{5}{100}\)

                = Rs. 3750