a sofa set was sold for rupees 11520 after giving successive discount of 20% and 10% respectively what was the MP of the sofa set
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SP = 11520
D1 = 20%
D2 = 10%
MP = 100/(100-D%) x SP
= 100/(100-20) x 11520
= 100/80 x 11520
= 14400
Now second discount
Mp = 100/(100-10) x SP
= 100/90 x 14400
= 16000
So MP was 16000 before two successive discounts
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