On a marked price, the difference between the selling prices with a discount of 35% and two successive discounts of 20% and 15% is ₹990. The marked price of the article (in ₹) is:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 33000.
Let marked price = ₹x
Single discount of 35%:
⇒ SP1 = 65% of x = 0.65x
Successive discounts 20% & 15% = - 20 - 15 + 300/100 = -35 + 3 = -32%
So, selling price = 68% of marked price = 0.68x
⇒ 0.68x - 0.65x = 990
⇒ 0.03x = 990
⇒ x = 33,000