What was the Market Price? If

A trader allow two successive discount of 20% and 10% on an article. If a customer buys the article for Rs.108, what was its marked price?

  1. Rs.160
  2. Rs.144
  3. Rs.148
  4. Rs.150
Monis Rasool Professor Asked on 25th May 2015 in Maths.
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1 Answer(s)

Answer: (d) Rs.150
Let the market price be X
20% discount then, price = 80 x X/100
and again discount 10% = (80 x X/100) x 90 /100
(80 x X/100) x 90/100 = 108
X = 150
Hence, the market price = Rs.150

Anurag Mishra Professor Answered on 25th May 2015.
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