A dealer offers 25% discount on an item. He offers a further discount of 15% on cash payment. A customer paid ₹255 in cash. Find the marked price of the item.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹400
Given that
A customer paid = 255 Rs in cash
Discount offers = 25% = 25/100 = 1/4
Additional discount offers on cash payment = 15% = 15/100 = 3/20
Marked Price × discounts = Selling price
Marked Price × (3/4) × (17/20) = 255
Marked Price = 400 Rs