A shopkeeper allows a 12% additional discount on an initial discount of 20% for a shirt. If he sells the shirt at 704, then the marked price is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. ₹1,000.
Let, MP = x
x(80/100) × (88/100) = 704
⇒ x = 704 × (100/80) × (100/88) = 1000
Hence, the marked price is ₹1,000.