Allowing 15 percent and 6 percent successive discount, the selling price of an article becomes Rs. 9588, then the marked price is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Rs. 12000
Given that
S.P. of the article is Rs. 9588
The successive discounts are 15% and 6%
As we know,
The marked price = S.P. × 100/(100 - 15) × 100/(100 - 6)
= 9588 × 100/85 × 100/94
= 12000
Hence, the marked price is Rs. 12,000