microwave oven was available for rupees 854301 after successive discounts of 10% and 5% find the market price
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We can find the problem's solution by finding a single discount which equals successive discounts of 10% and 5%
After giving 10% discount, The price would be 90% of M.P .
Again 5% of discount on 90% then it becomes = 85.5%
Therefore one single discount which replaces successive discounts of 10% , 5% is 100-85.5=14.5% .
Now The Price of microwave after allowing successive discounts of 10% , 5% = 854301 - 14.5% of 854301 = 730427.355 .
After giving 10% discount, The price would be 90% of M.P .
Again 5% of discount on 90% then it becomes = 85.5%
Therefore one single discount which replaces successive discounts of 10% , 5% is 100-85.5=14.5% .
Now The Price of microwave after allowing successive discounts of 10% , 5% = 854301 - 14.5% of 854301 = 730427.355 .
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