Multiple choice

After allowing two successive discounts of $15$% and $5$%, a fan sold of 2907. What is the marked price of the fan?

  1. Rs $3060$
  2. Rs $3000$
  3. Rs $3600$
  4. Rs $600$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

After discounts of 15% and 5%, the selling price is 0.85 × 0.95 = 0.8075 of the marked price. Therefore, the marked price is 2907 / 0.8075 = Rs.3600.

AI explanation

Using the successive discount formula, the selling price equals the marked price multiplied by (1 - 0.15) times (1 - 0.05). This gives 2907 = Marked Price times 0.85 times 0.95, which simplifies to 2907 = Marked Price times 0.8075. Dividing 2907 by 0.8075 gives the marked price of Rs. 3600.