An electric geyser is sold at Rs.7,100 after reducing Rs.244 in addition to two successive discounts of 15% and 4% on the marked price. Find the marked price (in Rs.) of the geyser.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 9,000.
S.P. of the geyser = Rs.7100
Let, the C.P. of the geyser be x
⇒ x × 85/100 × 96/100 - 244 = 7100
⇒ 0.816x - 244 = 7100
⇒ 0.816x = 7344
⇒ x = 9000