The marked price of a TV is Rs. 18500. A dealer allows two successive discounts of 20% and 5%. For how much is the TV available?

Market Price = Rs.18500

First Discount = 20%

Second Discount = 5%

The formula for total discount in case of successive discounts:
If the first discount is x% and 2nd discount is y% then,

Total Discount =

= 24%

Discount = (24% of Rs.18500)

= Rs.4440

Selling Price = Market Price – Discount

= 18500 – 4440

= Rs.14060