Ramesh gives fifteen per cent additional discount along with a discount of 25% on the marked price of a sofa set. If the selling price of the sofa set is ₹12,750, then find the marked price of the sofa set.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹20,000
Given:
Final selling price = Rs 12750
First discount = 15%
Second discount = 25%
Selling Price = Marked Price [(100−discount%)/100]
Let the Marked price be 100x
Selling price after 25% discount = 75% of 100x = 75x
Selling price after 15% discount = 85% of 75x = 63.75x
According to the question;
⇒ 63.75x = 12750
⇒ x = 200
Now, the marked price = 100x
⇒ 100 × 200 = Rs 20000