An article is sold for Rs.560 after two

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article is sold for Rs.560 after two successive discounts of 30% and 20%. What is marked price of the article?

Options:

Rs.1000

Rs.800

Rs.920

Rs.700

Correct Answer:

Rs.1000

Explanation:

Combined discount = X + y - $\frac{x × y}{100}$

= 30 + 20 - $\frac{30 × 20}{100}$ = 44%

Selling price = 100 - 44 = 56%

56% of MP = 560

100% of MP = 1000