A cooker is marked at ₹12,500. The dealer allows successive discounts of 6%, 6%, and 4% on it. What is the net selling price of the cooker?

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Step 1: Calculate the price after the first discount of 6%.
Price after first discount = 12500 × (1 - 6/100) = 12500 × 0.94 = ₹11,750

Step 2: Calculate the price after the second discount of 6% on the new price.
Price after second discount = 11750 × (1 - 6/100) = 11750 × 0.94 = ₹11,045

Step 3: Calculate the price after the third discount of 4% on the new price.
Price after third discount = 11045 × (1 - 4/100) = 11045 × 0.96 = ₹10,603.20

Therefore, the net selling price of the cooker after successive discounts is ₹10,603.20.

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