The marked price of an article is ₹16,000. A shopkeeper offered two successive discounts of 10% and 5%, respectively, to a customer. At what price did the customer buy that item?

Correct option is B

Given:

Marked price of the article = ₹16,000

First discount = 10%

Second discount = 5%

Formula Used:

Price after discounts = $$\text{Marked price} \times \left(1 - \frac{\text{First discount}}{100}\right) \times \left(1 - \frac{\text{Second discount}}{100}\right)$$​​

Solution:

Using the formula:

Price after  discounts = $$16,000 \times \left(1 - \frac{10}{100}\right)\times \left(1 - \frac{5}{100}\right)$$​​

​$$= 16,000 \times \frac{90}{100}\times \frac{95}{100}$$​​

= ₹13,680​