After the successive discounts of 10% and 12% on the marked price of an item, it is sold for Rs. 9,504, then the marked price is ________.

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SSC GD Constable (2022) Official Paper (Held On : 01 Feb 2023 Shift 2)
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  1. Rs. 12,000
  2. Rs. 15,000
  3. Rs. 13,000
  4. Rs. 14,000

Answer (Detailed Solution Below)

Option 1 : Rs. 12,000
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Detailed Solution

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Given:

Sale Price = Rs. 9504,

Discounts = 10% and 12%

Concept:

Marked Price = Sale Price/(1 - Discount1)/(1 - Discount2)

Solution:

⇒ Marked Price = 9504/(1 - 0.10)/(1 - 0.12)

⇒ Marked Price = Rs. 12,000

Therefore, the marked price is Rs. 12,000

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