Question
An article was sold for 298.496 after providing three
successive discounts of 10%, 5% and 4% respectively on the market price. What was the marked price?Solution
Successive Discount =10%,5%, and 4% For final discount – 10+5-(10×5)/100 =15-0.5 =14.5% So now 14.5% and 4% - =14.5+4- (14.5×4)/100 =18.5-0.58 Final discount =17.92% Let the MP =100 SP =100-17.92 =82.08 ATQ- 82.08=298.496 1=298.496/82.08 1=3.636 Then MP =3.636×100 =363.6 Rs.
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