A shopkeeper offers 25% discount on all table lamps. He offers a further discount of 8% on the reduced price to those customers who pay cash. What does a customer have to pay in cash for a table lamp of ₹2,500?
Answer & explanation
Correct answer: option 1
Initial price of table lamp = 2500
According to question ,
New price = 2500 × \(\frac{75}{100}\) × \(\frac{92}{100}\)
= 2500 × \(\frac{3}{4}\) × \(\frac{23}{25}\)
= 1725
So , Amount to be paid is 1725.