A product was marked for sale with a label price, which is at a 20% discount on the printed price. At the time of sale, the shopkeeper gave an additional 10% discount on the label price. If a customer bought the product at Rs. 468, then what is the printed price of the product?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e Rs. 650.
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Let the printed price = 100x Labelled price = 100x - 100x of 20% = 80x 10% discount on labelled price = 80x - 80x of 10% = 72x According to the question; 468 = 72x x = 6.5 Printed price = 100x = 100 × 6.5 = 650 |