A bag is marked at Rs. 2,000. A shopkeeper offers two successive discounts of 10% and 5%. What is the final price the customer pays?
Given:
Marked Price (MP) of the bag = Rs. 2000
Successive discounts = 10% and 5%
Formula Used:
After a discount of (x%):
New Price = Old Price ×
Solution:
Equivalent successive discount:
=
Total discount:
14.5% of 2000 = 290
2000 - 290 = Rs. 1710
Final price paid = Rs. 1710
Alternate Solution:
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