A VCR is marked at Rs. 12,000. With successive discounts of 15%, 10%, and 5%, what purchase price does a customer pay?
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Answer: B. Rs. 8721
Explanation
Applying successive discounts of fifteen percent, ten percent, and five percent reduces the marked price sequentially. Multiplying the marked price of twelve thousand by zero point eight five gives the price after the first discount. Continuing this multiplication by zero point nine zero and zero point nine five yields the final purchase price of eighty seven twenty one. Successive discounts apply each percentage reduction to the progressively lowered price amount. Marked price represents the original retail tag price before promotional price cuts are applied. Retail transactions use sequential multipliers to calculate final customer invoice totals.
Retail stores frequently offer tiered discount promotions during seasonal clearance events. Wholesale buyers calculate successive trade discounts to determine exact acquisition costs. Consumer finance problems test the ability to apply multi stage percentage calculations correctly. Option A underestimates the final price by applying excessive discount deductions. Option C overestimates the purchase price by missing one of the sequential discount steps. Option D is incorrect because the correct calculated purchase price is available in option B.
- Subject
- Mathematics
- Category
- Mathematics
- Topic
- —
- Difficulty
- medium
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