After two successive discounts of 20% and 12% an article is sold for Rs 16896. What is the marked price (in Rs) of the article?
Let marked price = Rs. $$100x$$
After first discount of 20%, price = $$100x \times \frac{(100-20)}{100}=80x$$
After second discount of 12%, price = $$80x \times \frac{(100-12)}{100}=70.4x$$
According to ques,
=> $$70.4x=16896$$
=> $$x=\frac{16896}{70.4}=240$$
$$\therefore$$ Marked price = $$100\times240=Rs.$$ $$24,000$$
=> Ans - (D)
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