28 Views

Question : An article is sold at a discount of 25% and an additional discount of 28% is allowed on cash payment. If Ramendra purchased the article by paying INR 10,800 in cash, then what was the marked price of the article?

Option 1: INR 19,800

Option 2: INR 20,800

Option 3: INR 20,000

Option 4: INR 18,000


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

Correct Answer: INR 20,000


Solution : Given,
Two discounts are 25% and 28%
Selling price of shopkeeper = INR 10,800
Let the market price of the article be INR $x$.
According to the question,
M.P × (100 – D 1 )% × (100 – D 2 )% = S.P
$x$ × (100 – 25)% × (100 – 28)% = 10800
$x\times\frac{75}{100}\times\frac{72}{100}=10800$
⇒ $x=\frac{10800\times100\times100}{75\times72}$
⇒ $x=20000$
Hence, the correct answer is INR 20,000.

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