Question

11. A car is marked at 3,00,000. The dealer allows successive discounts of 6%, 4% and
2 % on it. What is the net selli​

Answer 1

Explanation:

Market price = 3,00,000

Price after 6% discount =3,00,000[1−1006]

                                        =10094×3,00,000

                                        =282,000

Price after 4% discount =282,000[1−1004]

                                        =10096×282,000

                                        =270,720

Price after 2.5% discount =270,720[1−1002.5]

                                           =10097.5×270,720

                                           =263952