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After giving two successive discounts of...

After giving two successive discounts of 20% and 25% a cycle is sold for Rs. 4200. What is the amrked price (in Rs.) of the cycle ?

A

7200

B

7000

C

6500

D

6200

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the cycle after giving two successive discounts of 20% and 25%, we can follow these steps: ### Step 1: Understand the discounts The cycle is sold for Rs. 4200 after applying two successive discounts of 20% and 25%. We need to find the marked price (MP) before the discounts were applied. ### Step 2: Calculate the effective discount To find the effective discount from two successive discounts, we can use the formula: \[ \text{Effective Discount} = x + y - \left(\frac{x \cdot y}{100}\right) \] where \(x\) is the first discount (20%) and \(y\) is the second discount (25%). Substituting the values: \[ \text{Effective Discount} = 20 + 25 - \left(\frac{20 \cdot 25}{100}\right) \] \[ = 20 + 25 - \left(\frac{500}{100}\right) \] \[ = 20 + 25 - 5 = 40\% \] ### Step 3: Relate selling price to marked price If the effective discount is 40%, then the selling price (SP) is 60% of the marked price (MP). This is because: \[ \text{SP} = \text{MP} \times \left(1 - \frac{\text{Effective Discount}}{100}\right) \] Thus: \[ 4200 = \text{MP} \times 0.60 \] ### Step 4: Solve for the marked price To find the marked price, we rearrange the equation: \[ \text{MP} = \frac{4200}{0.60} \] Calculating this gives: \[ \text{MP} = 4200 \div 0.60 = 7000 \] ### Final Answer The marked price of the cycle is Rs. 7000. ---
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