Question
If, on a marked price, the difference between selling prices with a discount of 65% and with two successive discounts of 30% and 40% is βΉ105, then the marked price (in βΉ) is:Β
Solution
Let the marked price be βΉx. Selling price with 65% discount = x Γ 0.35
Selling price with successive 30% and 40% discounts = x Γ 0.70 Γ 0.60 = x Γ 0.42 Difference = x Γ 0.42 β x Γ 0.35 = 105
x(0.42 β 0.35) = 105
x Γ 0.07 = 105
x = 105 / 0.07 = βΉ1500
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