The selling price of a watch after successive discounts of 20% and 20% is ₹640. What is the marked price of the watch?
Answer & explanation
Correct answer: option 1
Selling price = Rs.640
Successive discounts% = 20% and 20%
Let the marked price = x
then according to the question,
x × \(\frac{4}{5}\) × \(\frac{4}{5}\) = 640
x = ₹1,000