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Even after allowing two successive discounts of 20% and 10% on the marked price, a dealer makes a profit of 8%. If the article cost him ₹2500, its marked price (in ₹) is:

Competition practiceRatio, Percentage & Commercial Math
  • A3750
  • B3857
  • C3375
  • D3000

Step-by-Step Solution

He must realise = ₹2700, and that is of the marked price, so the marked price is 2700/0.72 = ₹3750. Adding the discounts to 30% and dividing by 0.70 gives ₹3857; using only one of them gives 2700/0.8 = ₹3375 or 2700/0.9 = ₹3000.
Answer: A) 3750

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