On a marked price, the difference of selling prices with a discount of 35% and two successive discounts of 20%and 15% , is Rs504. The marked price of the article ( in Rs) is :
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 16,800.
Successive Discount formula = x + y - (x × y)/100
Successive discount = 20 + 15 - (20 × 15)/100 = 35 - 3 = 32%
Normal discount = 35%
Difference in discount % = Difference in discount amount
⇒ 35% - 32% = Rs.504
⇒ 3% = 504
⇒ 1% =168
⇒ 100% = Rs.16800