Multiple choice

A product was marked for sale with a label price, which is at 20% discount on the printed price. At the time of sale, the shopkeeper gave an additional 10% discount on the label price. If a customer bought the product at 468, then what is the printed price of the product?

  1. $700$
  2. $650$
  3. $5520$
  4. $5600$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let printed price be P. Label price is at 20% discount: 0.8P. Additional 10% discount on label: 0.9 × 0.8P = 0.72P = 468. Therefore P = 468/0.72 = 650. Option B is correct.