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A shopkeeper allows two successive disco...

A shopkeeper allows two successive discounts of 20% and 10% on selling an article. If he gets Rs 432 for the article, then what is the marked price (in Rs) of the article?

A

650

B

600

C

580

D

620

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the article after applying two successive discounts of 20% and 10%, we can follow these steps: ### Step 1: Calculate the net discount The formula for calculating the net discount when two successive discounts \( A \) and \( B \) are applied is: \[ \text{Net Discount} = A + B - \left(\frac{A \times B}{100}\right) \] Here, \( A = 20\% \) and \( B = 10\% \). ### Step 2: Substitute the values into the formula Substituting the values into the formula gives: \[ \text{Net Discount} = 20 + 10 - \left(\frac{20 \times 10}{100}\right) \] Calculating the multiplication: \[ 20 \times 10 = 200 \] Now, divide by 100: \[ \frac{200}{100} = 2 \] So, the net discount becomes: \[ \text{Net Discount} = 20 + 10 - 2 = 28\% \] ### Step 3: Calculate the selling price after discount If the marked price is \( M \), then after a net discount of 28%, the selling price \( SP \) can be expressed as: \[ SP = M \times \left(1 - \frac{\text{Net Discount}}{100}\right) \] Substituting the net discount: \[ SP = M \times \left(1 - \frac{28}{100}\right) = M \times 0.72 \] ### Step 4: Set up the equation with the selling price We know that the selling price \( SP \) is Rs 432. Therefore, we have: \[ 432 = M \times 0.72 \] ### Step 5: Solve for the marked price \( M \) To find \( M \), rearrange the equation: \[ M = \frac{432}{0.72} \] Calculating the division: \[ M = 600 \] ### Final Answer The marked price of the article is Rs 600. ---
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