A washing machine is marked at 7500Rs. The dealer allows successive discounts of 8%, 5% and 2% on it. What is the net selling price (rounded to nearest integer)?
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Solution
Marked price = Rs. 7500
First discount = 8% of 7500 = Rs(8100×7500) = Rs. 600
Net price after 1st discount = Rs(7500−600) = Rs. 6900
Second discount = 5% of Rs.6900 = Rs(5100×6900) = Rs. 345
Net price after 2nd discount = Rs(6900−345) = Rs.6555
Third discount = 2% of 6555 = Rs(2100×6555) = Rs. 131.1
Net selling price = Rs(6555−131.1) = 6423.90
The net selling price of the washing machine is 6423.90.