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If two successive discounts of 30% and 1...

If two successive discounts of 30% and 10% are given, then what will be the ratio of marked price to selling price?

A

`50:21`

B

`25:9`

C

`100:63`

D

`25:21`

Text Solution

AI Generated Solution

The correct Answer is:
To find the ratio of the marked price (MP) to the selling price (SP) after applying two successive discounts of 30% and 10%, we can follow these steps: ### Step-by-Step Solution: 1. **Understanding the Discounts**: - The first discount is 30%. - The second discount is 10%. 2. **Assuming the Marked Price**: - Let the marked price (MP) be 100 (this simplifies calculations). 3. **Calculating the Selling Price after the First Discount**: - After a 30% discount, the selling price becomes: \[ SP_1 = MP - (30\% \text{ of } MP) = 100 - (0.30 \times 100) = 100 - 30 = 70 \] 4. **Calculating the Selling Price after the Second Discount**: - Now, we apply the second discount of 10% on the new selling price (SP_1 = 70): \[ SP_2 = SP_1 - (10\% \text{ of } SP_1) = 70 - (0.10 \times 70) = 70 - 7 = 63 \] 5. **Finding the Ratio of Marked Price to Selling Price**: - Now, we have: - Marked Price (MP) = 100 - Final Selling Price (SP) = 63 - The ratio of marked price to selling price is: \[ \text{Ratio} = \frac{MP}{SP} = \frac{100}{63} \] 6. **Final Answer**: - The ratio of marked price to selling price is \( 100 : 63 \).
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