A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price = ?

Solution (By Examveda Team)

$$\eqalign{ & {\text{Let, Marked price = Rs}}{\text{. }}x \cr & \therefore x \times \frac{{70}}{{100}} \times \frac{{85}}{{100}} = 476 \cr & \Rightarrow x = 476 \times \frac{{100}}{{70}} \times \frac{{100}}{{85}} \cr & \Rightarrow x = {\text{Rs}}{\text{. }}800 \cr} $$