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On the marked price of a article ,the di...

On the marked price of a article ,the difference between the two selling prices ,one with a single discount of 45 % and the other with two successive discounts of 20 % and 25 % ,is Rs. 124 .What is the marked price (in Rs. )of the article ?

A

2540

B

2480

C

2520

D

2500

Text Solution

AI Generated Solution

The correct Answer is:
Let's solve the problem step by step. ### Step 1: Define the Marked Price Let the marked price of the article be denoted as \( M \). ### Step 2: Calculate Selling Price with Single Discount The selling price (SP) after a single discount of 45% can be calculated as: \[ SP_1 = M - (45\% \text{ of } M) = M - 0.45M = 0.55M \] ### Step 3: Calculate Selling Price with Successive Discounts To find the selling price with two successive discounts of 20% and 25%, we first apply the 20% discount: \[ \text{After 20% discount: } SP_2 = M - (20\% \text{ of } M) = M - 0.20M = 0.80M \] Now, we apply the 25% discount on the new price: \[ SP_2 = 0.80M - (25\% \text{ of } 0.80M) = 0.80M - 0.20M = 0.60M \] ### Step 4: Set Up the Equation According to the problem, the difference between the two selling prices is Rs. 124: \[ SP_1 - SP_2 = 124 \] Substituting the expressions we found: \[ 0.55M - 0.60M = 124 \] This simplifies to: \[ -0.05M = 124 \] ### Step 5: Solve for Marked Price Now, we can solve for \( M \): \[ M = \frac{124}{-0.05} = -2480 \] Since the marked price cannot be negative, we take the absolute value: \[ M = 2480 \] ### Conclusion The marked price of the article is Rs. 2480. ---
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