after allowing two successive discount of 15% and 5% a fan is sold for £2907. what is the marked price of the fan?
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After allowing two successive discounts of 15% and 5%, a fan sold of 2907. What is the marked price of the fan?
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Correct option is C)
In a given problem
discount d
1
=15% and d
2
=5%
Let marked price be M.P and Selling Price be S.P
The formula will be
M.P(1−
100
d1
)(1−
100
d2
)=S.P
implies that,
M.P=
(1−
100
15
)(1−
100
5
)
2907
M.P=
20
17
×
20
19
2907
M.P=
17×19
2097×20×20
M.P=9×20×20=3600
Therefore the marked price is Rs3600
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