Question 71
There was 25% off on bags. A lady bought a bag and got additional 20% discount for paying in cash. She paid ₹480. What was the price tag (in ₹) on the bag?
Solution
Let Price be P
Now when 25% off is given
The selling price will be (1-0.25) P = 0.75P
Now she received an addition 20% discount
So the amount she paid will be : (1-0.2) (0.75P) = 0.6P
Therefore equating we get :
0.6P = 480
We get P = 800
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