After two successive discounts of 20% and 35%, an article is sold for Rs 50700. What is the marked price (in Rs) of the article?
Let marked price = MP
the article is sold at two succesive discounts of 20% and 35>#/p###
selling price = 50700
$$\Rightarrow\frac{100-35}{100}\times\frac{100-20}{100}\times MP=50700$$
$$\Rightarrow\frac{65}{100}\times\frac{80}{100}\times MP=50700$$
$$MP=97500$$
so the answer is option C.
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