A manufacturer who marks the price of an article at 1,800, sells it to a dealer at a discount of 15%. The dealer gets a further discount of 8% on his net payment for paying in cash. What amount (to the nearest rupee) does the dealer pay to the manufacturer?
Answer & explanation
Correct answer: option 2
Marked price of the article = 1800
Discounts given = 15% and 8%
Selling price of the article = 1800 × \(\frac{85}{100}\) × \(\frac{92}{100}\)
Selling price of the article = 1,408(Approx)