A shopkeeper allows successive discount of 20% and 15% on an item of marked price Rs. 2,000. At what price did he sell the item?

Correct option is C

Given :
Marked Price = 2000
First Discount = 20%
Second Discount = 15%

Formula Used:
Selling Price = Marked Price × (1 - First Discount) × (1 - Second Discount)

Solution:
Selling Price = ₹2,000 × (1 - 0.20) × (1 - 0.15)
= 2000 × 0.80 × 0.85
= ₹1360