After giving two successive discounts of 30% and 40% on the marked price, an article is sold for Rs. 420. Find the marked price of the article.
- ARs. 900
- BRs. 800
- CRs. 1,000
- DRs. 1,100
Solution & Step-by-step Explanation
Let the marked price of the article be MP.
The successive discounts are 30% and 40%. The relationship between the marked price and selling price (SP) is:
SP=MP×(1−
100
30
)×(1−
100
40
)
Given that SP=420:
420=MP×
100
70
×
100
60
420=MP×
100
42
Solving for MP:
MP=
42
420×100
=10×100=Rs. 1,000
The successive discounts are 30% and 40%. The relationship between the marked price and selling price (SP) is:
SP=MP×(1−
100
30
)×(1−
100
40
)
Given that SP=420:
420=MP×
100
70
×
100
60
420=MP×
100
42
Solving for MP:
MP=
42
420×100
=10×100=Rs. 1,000