Multiple choice

On the marked price of Rs. 1,250 of an article, three successive discounts of 5%, 15% and 20% are offered. What will be the selling price (in Rs.) after all discounts?

  1. $807.50$
  2. $975.75$
  3. $1000$
  4. $950.25$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Original price = Rs. 1250. After 5% discount: 1250 × 0.95 = 1187.50. After 15% discount: 1187.50 × 0.85 = 1009.375. After 20% discount: 1009.375 × 0.80 = 807.50. The key is to apply each discount successively to the reduced price, not add the percentages.