10. Successive Discounts

Question:
A shopkeeper offers two successive discounts of 20% and 10% on an item marked at ₹2,000. Find the selling price.

Solution:
Marked Price (MP) = ₹2,000
After 20% discount: SP = ₹2,000 × (1 - 20/100) = ₹2,000 × 0.80 = ₹1,600
After 10% discount: SP = ₹1,600 × (1 - 10/100) = ₹1,600 × 0.90 = ₹1,440