Rohan sells a bed by giving a 65% discount on its list price. If instead, he had given only a 62% discount, the selling price would have been ₹6,000 more. What is the original marked price of the bed?
Show answer & explanation
Correct answer: D
Explanation
Given:
First Discount = 65%
Second Discount = 62%
Difference in Selling Price = ₹6,000
According to the formula:
Selling Price = Marked Price × (100 − Discount%) / 100
Let the Marked Price = x
First Selling Price = x × 35/100
Second Selling Price = x × 38/100
Difference = x × 38/100 − x × 35/100 = x × 3/100
x × 3/100 = 6,000
x = 6,000 × 100 / 3 = ₹2,00,000