The labeled price of the TV set is ₹12,000. A first discount of 25% is applied to this labeled price.
The price after the first discount is calculated using the formula: $ \text{Price after Discount} = \text{Labeled Price} \times (1 - \text{Discount Rate}) $ Substituting the values: $ \text{Price after Discount} = ₹12,000 \times (1 - 0.25) $ $ \text{Price after Discount} = ₹12,000 \times 0.75 $ $ \text{Price after Discount} = ₹9,000 $
An additional discount of 15% is applied to the reduced price, which is ₹9,000. The final purchase price is calculated as: $ \text{Final Purchase Price} = \text{Reduced Price} \times (1 - \text{Additional Discount Rate}) $ Substituting the values: $ \text{Final Purchase Price} = ₹9,000 \times (1 - 0.15) $ $ \text{Final Purchase Price} = ₹9,000 \times 0.85 $ $ \text{Final Purchase Price} = ₹7,650 $
Therefore, Ramu purchased the TV set for ₹7,650.
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