Question

    A trader allows two successive discounts of 20% and 10%

    on selling an article. If he gets 550 for that article, find its marked price.
    A Rs. 723.33 Correct Answer Incorrect Answer
    B Rs. 763.33 Correct Answer Incorrect Answer
    C Rs. 773.33 Correct Answer Incorrect Answer
    D Rs. 753.33 Correct Answer Incorrect Answer

    Solution

    Let the MP be Rs. x ATQ: => x × 80/100 × 90/100 = 550  => x = (550 × 100 × 100)/(80 × 90) = Rs. 763.33

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