An item marked at ₹5,000 is given at successive discounts of 10% and 5%. Find the final selling price.

Correct option is C

Given:

Marked Price (MP) = ₹5,000

Successive discounts:

First discount = 10%

Second discount = 5%

Formula Used:

Price after discount = MP × (1 − discount%)

Solution:

Final Price = $$5000 \times \left(1 - \frac{10}{100}\right) \times\left(1 - \frac{5}{100}\right)$$​​

​$$= 5000 \times \frac{90}{100}\times \frac{95}{100} \\ \ \\ = 5 \times 9 \times 95 \\ \ \\ = ₹4275$$​​