Question
Download Solution PDFArvind bought an item under successive discount scheme having 20% and 25% discounts successively, and paid Rs. 6,000 as the bill. MRP of the item was:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven Data:
First discount = 20%
Second discount = 25%
Final price = Rs. 6,000
Concept:
MRP = Final Price / (1 - First Discount/100) / (1 - Second Discount/100)
Calculation:
MRP = 6000 / (1 - 20/100) / (1 - 25/100)
⇒ MRP = Rs. 10,000
Therefore, the MRP of the item was Rs. 10,000.
Last updated on Jul 7, 2025
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