a trader offers two successive discounts of 30% and 10% .if he sells an article for ₹108 , then find the marked price of the article
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Question :
a trader offers two successive discounts of 30% and 10% .if he sells an article for ₹108 , then find the marked price of the article
Answer :
Its given that the trader gives 2 successive discount which means one after one .Then ,
( NOTE : Its given that 2 successive discount hence the 1st discount of the article must be calculated in 2nd discount )
PRICE = S.P + Discount
S.P = PRICE - Discount
108 = PRICE - 0.3
Let's have, the value of money be x
108 = x - 0.3x
108 = 0.7x ..... (1)
Now, price after 2nd discount
S.P = 0.7x - (10% of 108 )
S.P = 0.7x - ( 0.1 x 108)
S.P = 0.7x - (0.1 x 0.7) ( since , 108 = 0.7x )
S.P = 0.7x - 0.07x
S.P = 0.63x
108 = 0.63x
x = 108 / 0.63
x = 171.40
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