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Three successive discounts of 10% are available on the sale of a washing machine with a marked price of ?55,000. Find the final selling price (in ?) of the washing machine.
40095
44000
40000
42095
- The initial price of the washing machine is ?55,000.
- A 10% discount on ?55,000 reduces it to ?49,500. (10% of 55,000 is 5,500; 55,000 - 5,500 = 49,500)
- A second 10% discount on ?49,500 reduces it to ?44,550. (10% of 49,500 is 4,950; 49,500 - 4,950 = 44,550)
- A third 10% discount on ?44,550 reduces it to ?40,095. (10% of 44,550 is 4,455; 44,550 - 4,455 = 40,095)
Option 1: 40,095
Option 2: 44,000
Option 3: 40,000
Option 4: 42,095
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