Answer: Option 'B' is correct.
Our net price will be $3357.21.
Explanation:
Since we have given that
The list price of set of saws = $3800
There are 3 successive discounts :
8%,3%,1%
So, if we apply first for 8% discount our new price becomes,
[tex]3800\times \frac{100-8}{100}=3800\times 0.92=\$3496[/tex]
Now, if we apply 3% on our deducted price , our new price becomes ,
[tex]3496\times \frac{100-3}{100}=3496\times 0.97=\$3391.12[/tex]
Now, we'll apply for 1% on our new deducted price , our net price becomes,
[tex]3391.12\times \frac{100-1}{100}=3391.12\times 0.99=\$3357.21[/tex]
Hence, our net price will be $3357.21.
Therefore, Option 'B' is correct.
