A watch dealer sells a watch at Rs. 359625/- after two successive discounts of 25% and 30% respectively. What is the marked price? (In Rs.)
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 685000.
Successive discounts of 25% and 30% = 25 + 30 - (25 × 30)/100 = 52.5%
MP = (359625/52.5) × 100 = 685000