An article was sold for ₹98,496 after providing three successive discounts of 10%, 5% and 4% respectively on the marked price. What was the marked price?

₹1,20,000 ₹1,10,700 ₹1,20,200 ₹1,20,500

₹1,20,000

According to the question, Selling price = 98,496  Discounts = 10%, 5%, 4% 98496 = MRP × \(\frac{9}{10}\) × \(\frac{19}{20}\) × \(\frac{24}{25}\)  MRP = ₹1,20,000