To find the net cost of the material after applying discounts, we need to subtract the discounts from the total bill amount.
Step 1: Calculate the first discount of 5%
Discount 1 = 5/100 * 857.63Discount1=42.88
Step 2: Subtract the first discount from the total bill amount
Net cost after first discount = 857.63−42.88
Net cost after first discount = 814.75Step3:Calculatetheseconddiscountof3814.75
Discount 2 = 24.44Step4:SubtracttheseconddiscountfromthenetcostafterthefirstdiscountNetcostafterbothdiscounts=814.75 - 24.44Answer:Thenetcostofthematerialafterapplyinga5790.31.