Practicing Success
A merchant gives an additional discount of 10% on the product after an initial discount of 20% on the listed price. He managed to make a 10% profit by selling the product for ₹54,000. What was the listed price of the product? |
₹77,500 ₹77,000 ₹75,000 ₹72,500 |
₹75,000 |
Initial discount = 20% Additional discount = 10% Selling price = Rs.54000 ATQ, 54000 = \(\frac{4}{5}\)× \(\frac{9}{10}\)× M.P. M.P. = Rs75,000 |