After two successive discounts of 20 percent and 25 percent an article is sold for Rs. 18000. What is the marked price of the article?
Show answer & explanation
Correct answer: A
Explanation
Let the marked price = x
Price after the first discount of 20% = 80% of x
After the second discount of 25% = 75% × 80% of x = 60% of x
60% of x = 18,000
x = 18,000 × 100/60= ₹30,000