after allowing two successive discounts of 15 % and5% a ceiling fan is sold for ripped 3230 what is the marked price
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Answer:
4000
Step-by-step explanation:
Since we are giving discounts of 15% and 5%, the remaining percentages are 85% and 95% respectively. Also discounts are given on the marked price, to get your selling price.
In effect: MP * (100 - Discount%) / 100 = SP
Therefore MP * (85 / 100) * (95/100) = 3230
Therefore MP = 3230/ (0.85 * 0.95) = 4000
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