Question

After allowing successive discounts of 10% and 5%, a chair is sold for 500. Find the marked
price of the chair. ​

Answer 1

Answer:

The marked price is Rs 584.79

Step-by-step explanation:

Let the marked price be X.

Two successive discounts are 10%and 5%.

Price after 10% discount =((100-10) /100) ×X = (90/100) X = 0.9X.

Price after another 5% discount = ((100-5) /100) ×0.9X =(95/100) ×0.9X=(0.95×0.9) X =0.855X.

Now it is given that the selling price is Rs 500.

Therefore,

0.855X= 500

X= (500/0.855) = Rs584. 79

The marked price is Rs 584.79

Answer 2

Answer:

The marked price is Rs 584.79

Step-by-step explanation:

Let the marked price be X.

Two successive discounts are 10% and 5%.

Price after 10% discount =((100-10) /100) XX = (90/100) X = 0.9X.

Price after another 5% discount = ((100-5) /100) *0.9X =(95/100) 0.9X=(0.95×0.9) X=0.855X.

Now it is given that the selling price is Rs 500.

Therefore,

0.855X= 500

X= (500/0.855) = Rs584. 79

The marked price is Rs 584.79