The marked price of an item was ₹5,000. While selling the item, the seller offered successive discounts of 15% and 5%. What was the final selling price of the item?
The marked price of an item was ₹5,000.
marked price of an item = ₹5,000
While selling the item, the seller offered successive discounts of 15% and 5%.
Final selling price of the item = 5000 of (100-15)% of (100-5)%
= 5000 of 85% of 95%
= $$5000\times\frac{85}{100}\times\frac{95}{100}$$
= $$85\times\frac{95}{2}$$
= $$85\times47.5$$
= ₹4037.5
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