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An article is sold for Rs 840 after two successive discounts of 20% and 30% on its marked price. What is the discount (in Rs)?
660
460
560
760
- The marked price is reduced by two successive discounts.
- First, a 20% discount is applied. Hence, the price becomes 80% of the marked price.
- Next, a 30% discount is applied. The new price becomes 70% of the previous price.
- The final selling price is Rs 840 after both discounts.
- Let the original marked price be Rs X.
- After a 20% discount: Price = 0.8X
- After a further 30% discount: Price = 0.7(0.8X) = 0.56X
- This results in 0.56X = 840.
- Solving gives X = 1500 as the original marked price.
- Total discount = Marked Price - Selling Price = 1500 - 840 = 660.
- Answer: Option 1 - 660
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