Arvind bought an item under successive discount having 20% and 25% discounts successively, and paid ₹6,000 as the bill. MRP of the item was:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹10,000
Given that
The Selling price of the item = 6000 Rs
Discounts = 20% = 20/100 = 1/5
and 25% = 25/100 = 1/4
Formula used
Marked Price × Discount = Selling Price
MRP × (4/5) × (3/4) = 6000
MRP = 10000 Rs