The marked price of a coat is Rs. 2000. The shopkeeper offers his customer two successive discounts 10% and 5%. Find the final selling price of the coat?
Answer: Rs. 1710
Explanation
Let's calculate the final selling price after two successive discounts of 10% and 5% on the marked price of Rs. 2000.
Step 1:
First discount = 10% of 2000 = 0.10 × 2000 = Rs. 200
Price after first discount = 2000 - 200 = Rs. 1800
Step 2:
Second discount = 5% of 1800 = 0.05 × 1800 = Rs. 90
Price after second discount = 1800 - 90 = Rs. 1710
Final selling price = Rs. 1710
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