A shopkeeper, on the eve of Diwali, allowed a series of discounts on television sets. Find the selling price of a television set, if the marked price of television is ₹1,200 and successive discounts are 15% and 10%.

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Accepted Answer

Step 1: Calculate the price after the first discount of 15% on the marked price of ₹1200.
Price after first discount = 1200 - (15% of 1200) = 1200 - (0.15 × 1200) = 1200 - 180 = ₹1020.

Step 2: Calculate the price after the second discount of 10% on the new price ₹1020.
Price after second discount = 1020 - (10% of 1020) = 1020 - (0.10 × 1020) = 1020 - 102 = ₹918.

Therefore, the selling price of the television after successive discounts is ₹918.

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