If, on a marked price, the difference between selling prices with a discount of 65% and with two successive discounts of 30% and 40% is ₹105, then the marked price (in ₹) is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 1,500.
Let the marked price = 100
SP1 = selling prices with a discount of 65% = = 35
Selling price for two successive discounts
⇒ SP2 = = 42
⇒ SP2 - SP1 = 105
⇒ 42 - 35 = 105
⇒ 7 = 105
Now, Marked Price = 100 × (105/7) = 1500