Multiple choice

If on a marked price, the difference of selling prices with a discount of 30% and two successive discounts of 20% and 10% is Rs.1188, then the marked price (in rupees) is -

  1. Rs. 59400

  2. Rs. 49500

  3. Rs. 41250

  4. Rs. 39600

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let marked price be M. With 30% discount, SP = 0.70M. With two successive discounts (20% then 10%): after 20%, price is 0.80M; after additional 10%, SP = 0.80M × 0.90 = 0.72M. Difference: 0.72M - 0.70M = 0.02M = 1188. So M = 1188 ÷ 0.02 = 59400. The answer is Rs. 59400 (option A).