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    A retailer sold a laptop at ₹27,000 by giving two continuous rebates of 20% and 10%.What is the marked price?
    Question

    A retailer sold a laptop at ₹27,000 by giving two continuous rebates of 20% and 10%.What is the marked price?

    A.

    ₹36,000

    B.

    ₹37,500

    C.

    ₹36,500

    D.

    ₹37,000

    Correct option is B

    Given:

    The final selling price of the laptop after two continuous rebates = ₹27,000

    The first rebate is 20%, and the second rebate is 10%.

    We need to find the marked price (original price before rebates).

    Formula Used:

    Final price = Marked price×(1p1100)×(1p2100)\text{Marked price} \times \left( 1 - \frac{p_1}{100} \right) \times \left( 1 - \frac{p_2}{100} \right)​​

    Where:

    p1p_1​ is the first percentage rebate

    p2p_2​ is the second percentage rebate

    Solution:

    Substitute the known values:

    27000 = Marked price×(120100)×(110100)\text{Marked price} \times \left( 1 - \frac{20}{100} \right) \times \left( 1 - \frac{10}{100} \right) ​

    Marked price = 27,000×10080×1009027,000 \times \frac{100}{80}\times \frac{100}{90}​​

    = ₹37,500

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