Multiple choice

The difference between successive discounts of 44% followed by 25% and 45% followed by 20% on the marked price of an article is Rs.12. Find the marked price of the article?

  1. 600

  2. 360

  3. 330

  4. 336

  5. 296
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

For the first discount scheme (44% then 25%): Effective discount = 1 - (1-0.44)(1-0.25) = 1 - (0.56)(0.75) = 1 - 0.42 = 58%. For the second scheme (45% then 20%): Effective discount = 1 - (1-0.45)(1-0.20) = 1 - (0.55)(0.80) = 1 - 0.44 = 56%. The difference is 2% of marked price. If 2% = Rs. 12, then marked price = 12/0.02 = Rs. 600. Option A is correct.

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