1.  The price of a VCR is marked at ₹ 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?

A. ₹ 8400
B. ₹ 8721
C. ₹ 8856
D. None of these

Answer: Option B

Explanation:

Actual price = 95% of 90% of 85% of ₹ 12000

= (95/100 x 90/100 x 85/100 x 12000) = ₹ 8721.