A laptop is marked at $1200 and has two successive discounts of 5% and 10%. What

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Question: A laptop is marked at $1200 and has two successive discounts of 5% and 10%. What is the final selling price?

Options:

Correct Answer: $1080

Solution:

First discount = 1200 * 5/100 = 60. New price = 1200 - 60 = 1140. Second discount = 1140 * 10/100 = 114. Final price = 1140 - 114 = $1026.

A laptop is marked at $1200 and has two successive discounts of 5% and 10%. What is the final selling price?

A laptop is marked at $1200 and has two successive discounts of 5% and 10%. What is the final selling price?

Step 1: Start with the marked price of the laptop, which is $1200.
Step 2: Calculate the first discount of 5%. To do this, multiply $1200 by 5/100. This gives you $60.
Step 3: Subtract the first discount from the marked price. So, $1200 - $60 = $1140. This is the new price after the first discount.
Step 4: Now, calculate the second discount of 10%. Multiply the new price $1140 by 10/100. This gives you $114.
Step 5: Subtract the second discount from the new price. So, $1140 - $114 = $1026. This is the final selling price.

Percentage Calculation – Understanding how to calculate percentages and apply them to a given amount.
Successive Discounts – Applying multiple discounts in sequence rather than a single discount on the total.
Final Price Calculation – Determining the final selling price after applying discounts.