After two successive discounts of 40 percent and 20 percent an article is sold for Rs. 4632. What is the marked price of the article ?
Answer & explanation
Correct answer: option 3
Discounts = 40% and 20%
SP = 4632
MRP = 4632 × \(\frac{5}{3}\) × \(\frac{5}{4}\) = Rs. 9650