Question 73

Allowing 20% and 15% successive discounts, the selling price of an article becomes Rs. 3,060; then the marked price will be

Solution

Let M.P. = $$100x$$

After allowing 20% discount => $$\frac{20}{100} * 100x = 20x$$

=> Amount after first discount = $$100x-20x = 80x$$

After allowing 15% discount => $$\frac{15}{100} * 80x = 12x$$

=> Amount after second discount = $$80x-12x = 68x$$

Now, $$68x$$ = 3060

=> $$x$$ = 45

=> M.P. = 4500

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