Question : Mahima purchased a Saree for INR 792 after successive 20% and 12% discounts. The marked price of the Saree was:
Option 1: INR 968
Option 2: INR 1,025
Option 3: INR 875
Option 4: INR 1,125
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Correct Answer: INR 1,125
Solution :
Given: Mahima purchased a Saree for INR 792 after successive discounts of 20% and 12%.
Let the marked price be INR $x$.
According to the question,
$x×0.8×0.88=792$
$⇒x=\frac{792}{0.704}$
$\therefore x$ = INR $1125$
Hence, the correct answer is INR 1,125.
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