Question : A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price.
Option 1: Rs. 700
Option 2: Rs. 400
Option 3: Rs. 900
Option 4: Rs. 800

Question

Question : A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price.

Option 1: Rs. 700

Option 2: Rs. 400

Option 3: Rs. 900

Option 4: Rs. 800

Team Careers360 · Accepted Answer

Correct Answer: Rs. 800

Solution : Let the marked price be Rs. $x$.
For two successive discounts of 30% and 15%,
Selling price = $\frac{100- ext{Discount}_1\%}{100}× \frac{100- ext{Discount}_2\%}{100}×$ Marked price
$⇒x×\frac{100-30}{100}×\frac{100-15}{100}=476$
$⇒x×\frac{70}{100}×\frac{85}{100}=476$
$⇒x=476×\frac{100}{70}×\frac{100}{85}$
$ herefore x=800$
Hence, the correct answer is Rs. 800.

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Question : A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price.Option 1: Rs. 700Option 2: Rs. 400Option 3: Rs. 900Option 4: Rs. 800

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Question : A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price.
Option 1: Rs. 700
Option 2: Rs. 400
Option 3: Rs. 900
Option 4: Rs. 800