If Ram purchases a fan, he gets an 8% discount. However, if he purchases three fans, he gets 6% on the first, 10% on the second, and 12% on the third. If the price paid by Ram for three fans is Rs 6,800, then what will be the marked price for each fan?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs 2,500.
Let the marked price of the fan be 100x.
Selling price of the first fan after a 6% discount = 94% of 100x = 94x
Selling price of the Second fan after a 10% discount = 90% of 100x = 90x
Selling price of the third fan after a 12% discount = 88% of 100x = 88x
According to the question;
Total selling price = 94x + 90x + 88x
⇒ 6800 = 272x
⇒ x = 25
Hence, marked price of the fan = 100x = 100 × 25 = Rs 2500