A shopkeeper marked an article at ₹5,000. The shopkeeper allows successive discounts of 20%, 15%, and 10%. What is the selling price of the article?

Question

Accepted Answer

The marked price (MP) of the article is ₹5,000.

Successive discounts are applied one after another on the reduced price.

Step 1: Apply 20% discount:
Discount = 20% of ₹5,000 = (20/100) × 5000 = ₹1,000
Price after first discount = 5000 - 1000 = ₹4,000

Step 2: Apply 15% discount on ₹4,000:
Discount = 15% of ₹4,000 = (15/100) × 4000 = ₹600
Price after second discount = 4000 - 600 = ₹3,400

Step 3: Apply 10% discount on ₹3,400:
Discount = 10% of ₹3,400 = (10/100) × 3400 = ₹340
Price after third discount = 3400 - 340 = ₹3,060

Therefore, the selling price of the article after successive discounts is ₹3,060.

Answer

Answer

Answer