A shopkeeper allows two successive discount of 15% and 10% on the marked price of an article. Find the marked price of a article which he sells for Rs. 1200.
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Solution
Total discount of 10% and 15%=10+15−150100=23.5% Discount =23.5% of marked price Let the marked price be x. =23.5100×x=0.235x Selling price = marked price − discount ⇒1200=x−0.235x ⇒1200=0.765x ⇒x=1568.62 Therefore, marked price = Rs. 1568.62.