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The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?

/ Mathematics Mcqs, Profit and Loss Mcqs / By
The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?

A. Rs. 8400
B. Rs. 8721
C. Rs. 8856
D. None of these
Explanation:
Actual price = 95% of 90% of 85% of Rs. 12000
= 95/100 * 90/100 * 85/100 * 12000 = Rs. 8721.