Correct option is A
Given:
1. A seller offers two successive discounts of 10% and 20% on the marked price of a shirt.
2. The selling price (SP) of the shirt after these discounts is ₹720.
3. We need to find the original marked price (MP) of the shirt.
Formula Used:
1. Successive Discount Formula:
Net Price=MP×(1−d1)×(1−d2)
where d1,d2 are the first and second discounts, respectively.
2. Selling Price Relation:
\SP=MP×(1−Net Discount Fraction)
Solution:
1. The net price after two successive discounts:
Net Price=MP×(1−0.1)×(1−0.2)
Simplify:
Net Price=MP×0.9×0.8
Net Price=MP×0.72
2. Given SP = ₹720:
720=MP×0.72
3. Solve for MP:
MP=0.72720
MP = 1000.
Final Answer:
The original marked price of the shirt is ₹1000