Question

A shopkeeper offers two successive discounts of 30% and 20%. If he sells an article for Rs 550, then find the MP of the article. ​

Answer 1

let the MP be x

After first discount

Sp of article=x-(30/100*x)

=x-3x/10

=7x/10

After second discount

SP=7x/10-(20/100*7x/10)

=7x/10-7x/50

=35x-7x/50

=28x/50

For final sp 550

550=28x/50

x=550*50/28

x=982.14