A store marks the price of a pair of shoes at Rs. 1,200. During a sale, they offer a 10% discount, followed by an additional 5% discount on the new price. What is the final price of the shoes after both discounts?

Correct option is C

Given:

Marked Price = Rs. 1,200

First discount = 10%

Second discount = 5% (on reduced price)

Formula Used:

Final Price = $$\text{Marked Price} \times (1 - \frac{\text{First Discount}}{100}) \times (1 - \frac{\text{Second Discount}}{100})$$​​

Solution:

Final Price = $$\text{1200} \times (1 - \frac{\text{10}}{100}) \times (1 - \frac{\text{5}}{100})$$​​

$$=1200 \times 0.90 \times 0.95\\ \ \\ = 1200 \times 0.855 \\ \ \\= 1026$$​​

Thus, The final price of the shoes is Rs. 1,026.