Question:
The marked price of a TV is Rs 18500. A dealer allows two successive discounts of 20% and 5%. For how much is the TV available?
Solution:
Marked price of the TV = Rs 18500
First discount $=20 \%$
Now, $20 \%$ of 18500
$=\frac{20}{100} \times 18500$
$=$ Rs 3700
Price after the first discount = Rs (18500 − 3700)= Rs 14800
Second discount = 5% of 14800
$=\frac{5}{100} \times 14800$
$=740$
Price after the second discount $=(14800-740)$
$=$ Rs 14060
The TV is available for Rs 14060 .