The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it? Choose the correct answer.
A) Rs. 8400
B) Rs. 8721
C) Rs. 8856
D) Rs. 9000
E) None of these
Explanation:   Actual price = 95% of 90% of 85% of Rs. 12000   = 95/100 * 90/100 * 85/100 * 12000 = Rs. 8721.   ANSWER IS Rs. 8721
<result>B</result>
The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?