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A trader gives two successive discounts ...

A trader gives two successive discounts of `15%` and `10%` on the marked price of an article. If the selling price is Rs. 765, the marked price is

A

Rs. 850

B

Rs. 1000

C

Rs. 800

D

Rs. 900

Text Solution

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The correct Answer is:
To find the marked price of the article after two successive discounts of 15% and 10%, we can follow these steps: ### Step 1: Understand the Selling Price after Discounts Let the marked price be \( M \). The trader gives two successive discounts: 1. First discount of 15% 2. Second discount of 10% The selling price after these discounts is given as Rs. 765. ### Step 2: Calculate the Selling Price after the First Discount The first discount of 15% on the marked price \( M \) can be calculated as: \[ \text{Price after first discount} = M - 0.15M = 0.85M \] ### Step 3: Calculate the Selling Price after the Second Discount Now, we apply the second discount of 10% on the price after the first discount: \[ \text{Price after second discount} = 0.85M - 0.10(0.85M) = 0.85M \times 0.90 = 0.765M \] ### Step 4: Set up the Equation We know that the selling price after both discounts is Rs. 765: \[ 0.765M = 765 \] ### Step 5: Solve for Marked Price \( M \) To find \( M \), we divide both sides by 0.765: \[ M = \frac{765}{0.765} = 1000 \] ### Conclusion The marked price of the article is Rs. 1000.
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