QA – Placement Quizzes | Percentages | Question 14

A product is sold at two consecutive discounts of 30% and subsequently 40%. If the product is sold for 1500, what is the marked price on product?
(A) 3500
(B) 3600
(C) 3550
(D) 3571


Answer: (D)

Explanation: Say MP is the marked price

=> (70.MP/100)*(60/100) =1500

=> 7*0.6 MP = 1500

=> MP = 1500/0.42 = 3571

Quiz of this Question

My Personal Notes arrow_drop_up