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      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 Γ— 80/100 Γ— 90/100 = 550 Β => x = (550 Γ— 100 Γ— 100)/(80 Γ— 90) = Rs. 763.33

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