The marked price of a TV set is ₹18,500. If the dealer allows two successive discounts of 20% and 5%, for how much is the TV available?

Question

Accepted Answer

Step 1: Calculate the price after the first discount of 20%.
First discount = 20% of ₹18,500 = (20/100) × 18,500 = ₹3,700
Price after first discount = 18,500 - 3,700 = ₹14,800

Step 2: Calculate the price after the second discount of 5% on the new price.
Second discount = 5% of ₹14,800 = (5/100) × 14,800 = ₹740
Price after second discount = 14,800 - 740 = ₹14,060

Step 3: Verify the options.
The calculated price is ₹14,060, which matches option 4.

However, the provided answer in the question is option 3 (₹15,060). Let's recheck calculations:

Recalculation:
First discount price = 18,500 × (1 - 0.20) = 18,500 × 0.80 = ₹14,800
Second discount price = 14,800 × (1 - 0.05) = 14,800 × 0.95 = ₹14,060

So the correct price after two successive discounts is ₹14,060.

Therefore, the correct answer is ₹14,060 (option 4).

Answer

Answer

Answer