The marked price of a mobile phone is ₹18,000. It is sold with two successive discounts of 25% and 4%. An additional discount of 5% is offered for cash payment. The selling price of the mobile on cash payment is:
Answer & explanation
Correct answer: option 1
25% = \(\frac{1}{4}\)
4%= \(\frac{1}{25}\)
and additional 5%= \(\frac{1}{20}\)
MP = 18000
SP = 18000 × \(\frac{3}{4}\) × \(\frac{24}{25}\) × \(\frac{19}{20}\) = Rs.12312