An article is sold for ₹ 204 after two successive discounts of 40% and 50%. What is the marked price of the article?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹ 680.
the marked price = ( M)
Price after 40% discount = M × (1 - 0.40) = M × 0.60
Price after 50% discount = (M × 0.60) × (1 - 0.50) = M × 0.60 ×0.50 = M × 0.30
the final price is ₹ 204:
⇒ M × 0.30 = 204
⇒ M = 204 / 0.30 = 680
The marked price of the article is ₹ 680.