Cost price of shirt after giving discounts is equals to [tex]\$68[/tex].
" Cost price is defined as the price to be paid at the time of purchase any product."
According to the question,
Initial cost price of shirt [tex]= \$100[/tex]
First discount [tex]= 15\%[/tex]
Discount amount [tex]= 15\%[/tex] of [tex]100[/tex]
[tex]= \frac{15}{100} \times 100\\\\= \$15[/tex]
Cost price after first discount [tex]= 100 - 15[/tex]
[tex]= \$85[/tex]
Second discount [tex]= 20\%[/tex]
Discount amount [tex]= 20\%[/tex] of [tex]85[/tex]
[tex]= \frac{20}{100} \times 85\\\\= \$17[/tex]
Cost price after first discount [tex]= 85 - 17[/tex]
[tex]= \$68[/tex]
Hence, cost price of shirt after giving discounts is equals to [tex]\$68[/tex].
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