An electronic gadget is marked at ₹12,000. A store offers a 15% discount. Additionally, there is a seasonal discount of 5% on the discounted price. What is the final selling price of the gadget?

Correct option is C

Given:

Marked Price (MP) = ₹12,000

First discount = 15%

Second discount = 5% (on the reduced price)

Need: Final Selling Price (SP)

Formula Used:

For successive discounts:

SP = MP $$\times \left(1 - \frac{d_1}{100}\right) \times \left(1 - \frac{d_2}{100}\right)$$​

Solution:

SP = 12,000$$\times \left(1 - \frac{15}{100}\right) \times \left(1 - \frac{5}{100}\right)$$​

= 12,00$$0 \times 0.85 \times 0.95 = 9$$​,690