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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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