Mr. anu Mishra bought a gold pendant for Rs 7208 on Dhanteras from a jewellery store advertising successive discounts of 20% and 15%. What was the marked price of the pendant?
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Solution
Let the M.P. of the pendant be x
∴ Value of pendant after first discount =x−20100×x=4x5
Now, value of pendant after second discount=4x5−15100×4x5=4x5−3x25=17x25