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QA – Placement Quizzes | Percentages | Question 14

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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

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Last Updated : 28 Jun, 2021
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