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Question : A shopkeeper allows a 12% additional discount on an initial discount of 20% for a shirt. If he sells the shirt at 704, then the marked price is:

Option 1: 788.48

Option 2: 800

Option 3: 1,000

Option 4: 844.88


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: 1,000


Solution : Let the marked price be INR $x$.
Final selling price = INR 704
Selling Price after 20% discount = $\frac{80}{100}x$
Now, the Selling Price after an additional 12% discount
⇒ 704 = (100 – 12)% of $\frac{80}{100}x$
⇒ 704 = $\frac{88\times 80}{100\times 100}x$
$\therefore x = 1000$
Hence, the correct answer is 1,000.

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