On allowing two successive discounts of 20 percent and 15 percent, the selling price of an article becomes Rs. 3060. What is the marked price of the article?

A4000

B4100

C4200

D4500 ✓ Correct

Correct answer: (D) 4500

Explanation

The marked price is Rs. 4500.

Two discounts of 20% and 15% multiply the price by 0.80 x 0.85.

So MP x 0.80 x 0.85 = 3060.

MP x 0.68 = 3060.

MP = 3060/0.68 = Rs. 4500.

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