A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labelled price of a radio. If the final sale price of the radio is Rs. 704, then what is its labelled price?
A
Rs. 844.80
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B
Rs. 929.28
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C
Rs. 1000
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D
Rs. 1044.80
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Solution
The correct option is C Rs. 1000 Let the labelled price=100 Rs. Discount 20 % on labelled price=20100×100=20Rs. After discount price of radio=100−20=80Rs. He gives 12% additional discount on the discounted price then 12% of 80=12100×80=9.60Rs. After additional discount selling price of radio=80−9.60=70.40Rs If selling price is 70.40 Rs. then labelled price=100 Rs. If selling price is 704 Rs .then labelled price=10070.40×704=1000Rs.