The marked price of an article is Rs. 60,000. It is sold at successive discounts of 10%, 15% and 20%. Find the selling price of the article.

Correct option is A

Given:

Marked Price (MP) = Rs. 60,000

Successive discounts = 10%, 15%, and 20%

Formula Used:

Selling Price = $$MP \times \left(1 - \frac{d_1}{100}\right) \times \left(1 - \frac{d_2}{100}\right) \times \left(1 - \frac{d_3}{100}\right)$$​​

Solution:​

Selling Price =  $$60000 \times \left(1 - \frac{10}{100}\right) \times \left(1 - \frac{15}{100}\right) \times \left(1 - \frac{20}{100}\right)$$​​

= $$60000 \times (1 - 0.10) \times (1 - 0.15) \times (1 - 0.20)$$​​

= $$60000 \times 0.90 \times 0.85 \times 0.80$$​​

= $$60000 \times 0.612$$​​

= Rs. 36720