Question
Download Solution PDFAn item was sold at Rs. 5,474 after two successive discounts of 12.5% and 8% were offered on its Marked Price. What was the Marked Price (in Rs.) of the item?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGIVEN:
The selling price is Rs 5474
Successive discounts are 12.5% and 8%
FORMULA USED:
S.P. = (1 - d1/100 ) × ( 1- d2/100) × M.P.
Where, S.P. = Selling price , M.P. = Marked price ,
d1 and d2 are successive discount percent respectively
CALCULATION:
We know that,
S.P. = ( 1- d1/100 ) × ( 1- d2/100) × M.P.
⇒ 5474 = ( 1- 12.5/100 ) × ( 1 - 8/100) × M.P.
⇒ 5474 = 7/8 × 23/25 × M.P.
⇒ M.P = 8 × 25 × 34
⇒ M.P. = 6800
Hence, the Marked Price of an article is Rs 6800.
Last updated on Jun 26, 2025
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