The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is:

Question: The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is:

Solution:
let, the price be 100 taka

after 30% raise = 100 + 30 = 130 taka

after first 10% discount = 130 - 13 = 117 taka

after second 10% discount = 117 - 117 × 0.1
= 117 - 11.7
= 105.3