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Question

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=10020=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=809.60=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.

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