2 Views

Question : A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price.

Option 1: Rs. 700

Option 2: Rs. 400

Option 3: Rs. 900

Option 4: Rs. 800


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Rs. 800


Solution : Let the marked price be Rs. $x$.
For two successive discounts of 30% and 15%,
Selling price = $\frac{100-\text{Discount}_1\%}{100}× \frac{100-\text{Discount}_2\%}{100}×$ Marked price
$⇒x×\frac{100-30}{100}×\frac{100-15}{100}=476$
$⇒x×\frac{70}{100}×\frac{85}{100}=476$
$⇒x=476×\frac{100}{70}×\frac{100}{85}$
$\therefore x=800$
Hence, the correct answer is Rs. 800.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books