The marked price of an article is Rs 550. It is sold for Rs 317.90, after giving three successive discounts of 15%, x% and 20% on its marked price. If it is sold by giving a single discount of 2x%, then its selling price (in Rs) will be :
Options
a) 340
b) 385
c) 495
d) 484
Solution
As per question
Marked Price = 550
1st successive discounts = 15 %
2nd successive discounts = x%
3rd successive discounts = 20%
Single discount = 2x%
SP =
317.9 =
317.9 =
794750 = 935000 – 9350x
9350x = 140250
x = 15
Single discount = 2x%
Single discount = 2 x 15 = 30%
CP = 550 Rs.
SP = CP – 30% x 550
SP =
SP = 550 – 165
SP = 385 Rs.
Answer : 385