An article is sold for Rs. 54120 after two successive discounts of 12 percent and 18 percent. What is the marked price of the article ?
Rs. 75000
GIVEN:
The selling price is Rs54120
Successive discounts are 12% and 18%
FORMULA USED:
S.P. = (1 - d1/100 ) × ( 1- d2/100) × M.P.
Where, S.P. = Selling price , M.P. = Marked price ,
d1 and d2 are successive discount percent respectively
CALCULATION:
Here, we have S.P. = Rs54120 , d1 = 12% , d2 = 18%
We know that,
S.P. = ( 1- d1/100 ) × ( 1- d2/100) × M.P.
⇒ 54120 = ( 1- 12/100 ) × ( 1 - 18/100) × M.P.
⇒ 54120 = 88/100 × 82/100 × M.P.
⇒ M.P. = 54120 × 100/88 × 100/82 = 75,000
Hence, the Marked Price of an article is Rs75,000.
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