An article is sold for Rs. 1,680 after two successive discounts of 20% and 16%. What is the marked price of the article?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. Rs. 2500.
⇒ SP = 1680
Successive discounts: 20% and 16%
⇒ MP × 0.8 × 0.84 = 1680
⇒ MP × 0.8 = 1680/0.84
⇒ MP × 0.8 = 2000