A man wanted to sell his bat at a discount of 8%. His brother who was a cricketer wanted to buy the bat, so the man sells it at a discount of 10%. In this deal, the man reduces Rs.70 in profit. What was the market value of the bat?
Answer & explanation
Correct answer: option 2
According to the question,
Let MP of the bat = 100%
(10% - 8%) of MP = 70
= 2% of MP = 70
= 100% of MP = 3500