A T.V. set is sold for 12240 after giving successive discount of 15% and 10% respectively. find the marked priced of the T.V. set
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Selling Price = 12,400
Let the M.P. be 100.
First discount =10% =10010×100= 10
S.P. after the first discount =100−10= 90
Second discount =20% =10020×90= 18
Selling Price after the second discount =90−18= 72
If S.P. is 72, then M.P. is 100.
When S.P. is 12,400,
M.P. =7212400×100= 18,000
M.P. = 18,000.
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