On the marked price of ₹1,250 of an article, three successive discounts of 5%, 15% and 20% are offered. What will be the selling price (in ₹) after all discounts?
Answer & explanation
Correct answer: option 2
Marked price: Rs. 1,250
Discount offered 5%, 15% and 20%
⇒ S.P = 1250 × \(\frac{95}{100}\) × \(\frac{85}{100}\) × \(\frac{80}{100}\)
⇒ S.P = 807.50