Multiple choice

On the marked price of an article, the sum of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is Rs. 1,995. The marked price of the article (in Rs.) is:

  1. 1,500

  2. 1,550

  3. 1,800

  4. 1,600
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let marked price = M. With 35% discount: SP1 = 65% of M = 0.65M. Two successive discounts of 20% and 15%: SP2 = M × 0.80 × 0.85 = 0.68M. Sum of both SPs = 0.65M + 0.68M = 1.33M = 1995. Therefore M = 1995/1.33 = 1500. Verify: 0.65 × 1500 = 975, 0.68 × 1500 = 1020, sum = 1995.

Keep practicing — related questions