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Successive discounts of 12(1)/(2)% and 7...

Successive discounts of `12(1)/(2)%` and `7(1)/(2)%` are given on the marked price of a cupboard. If the customer pays Rs. 2590, then what is the marked price ?

A

Rs. 3108

B

Rs. 3148

C

Rs. 3200

D

Rs. 3600

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the cupboard after applying successive discounts of 12.5% and 7.5%, we can follow these steps: ### Step 1: Understand the Discounts The marked price (MP) is initially set at 100%. The first discount is 12.5%, which means the customer pays 100% - 12.5% = 87.5% of the marked price after the first discount. ### Step 2: Calculate the Price After the First Discount Let the marked price be MP. After the first discount of 12.5%, the price becomes: \[ \text{Price after first discount} = MP \times \left( \frac{87.5}{100} \right) \] ### Step 3: Apply the Second Discount The second discount is 7.5%. After applying this discount to the already reduced price, the customer pays: \[ \text{Price after second discount} = \text{Price after first discount} \times \left( \frac{92.5}{100} \right) \] Substituting the first discount calculation: \[ \text{Price after second discount} = MP \times \left( \frac{87.5}{100} \right) \times \left( \frac{92.5}{100} \right) \] ### Step 4: Set Up the Equation We know that the customer pays Rs. 2590 after both discounts: \[ MP \times \left( \frac{87.5}{100} \right) \times \left( \frac{92.5}{100} \right) = 2590 \] ### Step 5: Simplify the Equation Now, we can simplify the left side: \[ MP \times \left( \frac{87.5 \times 92.5}{10000} \right) = 2590 \] Calculating \( 87.5 \times 92.5 \): \[ 87.5 \times 92.5 = 8093.75 \] So, we have: \[ MP \times \left( \frac{8093.75}{10000} \right) = 2590 \] ### Step 6: Solve for Marked Price (MP) To find MP, we rearrange the equation: \[ MP = \frac{2590 \times 10000}{8093.75} \] Calculating the right side: \[ MP = \frac{25900000}{8093.75} \approx 3200 \] ### Conclusion The marked price of the cupboard is Rs. 3200. ---
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