Multiple choice

On allowing successive discounts of 20% and 15%, the selling price of an article becomes Rs. 3060. The marked price will be

  1. Rs. 4000

  2. Rs. 4400

  3. Rs. 5000

  4. Rs. 4500
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let MP be X. X * 0.8 * 0.85 = 3060. X * 0.68 = 3060. X = 3060 / 0.68 = 4500.

AI explanation

Let the marked price be x rupees. Using the successive discount formula, the selling price equals x multiplied by (1 minus 0.20) and then by (1 minus 0.15), which simplifies to x multiplied by 0.80 and 0.85, or 0.68x. Setting 0.68x equal to 3060 gives x equal to 4500. The marked price is Rs. 4500.

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