Two successive discounts of 30% and 20% was offered on food items. A man paid ₹840 for the food item. The bill amount of food item (in ₹) is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 1,500.
Let original price = P
After 30% discount → price = 0.7P
After 20% discount → price = 0.8 × 0.7P = 0.56P
Given final price = ₹840
So, 0.56P = 840
P = 840 ÷ 0.56 = 1500