Given:
Selling Price = Rs. 4964
Successive discounts of 30% and 10%. We need to find the marked price.
Formula Used:
Selling Price = Marked Price × (1 - Discount1) × (1 - Discount2)
Solution:
Selling Price = Marked Price × (1 - 0.30) × (1 - 0.10)
4964 = Marked Price × 0.70 × 0.90
4964 = Marked Price × 0.63
Marked Price = 4964 ÷ 0.63 = Rs. 7879.36
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