If on a marked price, the difference of selling prices with a discount of $30\%$ and two successive discounts of $20\%$ and $10\%$ is ₹ $72$, then the marked price (in ₹) is (S.S.C., 2010)
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
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A2400
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B2500
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C3000
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D3600
Answer
Correct Answer: 3600
Explanation
### Concept & Formula
The difference in selling prices arises strictly from the difference in the effective discount percentages applied to the same Marked Price (MP).
$$ \text{Difference in Discount \%} \times \text{MP} = \text{Difference in SP} $$
### Step-by-Step Solution
* **Given:**
* Single discount = $30\%$
* Successive discounts = $20\%$ and $10\%$
* Difference in selling prices = ₹ $72$
* **Calculation:**
* Calculate the single equivalent discount for $20\%$ and $10\%$:
$20 + 10 - \frac{20 \times 10}{100} = 30 - 2 = 28\%$.
* Find the difference between the two discount schemes:
$30\% - 28\% = 2\%$.
* This $2\%$ difference applied to the Marked Price results in the ₹ $72$ difference.
$2\% \text{ of MP} = 72$
$\frac{2}{100} \times \text{MP} = 72$
$\text{MP} = \frac{72 \times 100}{2} = 36 \times 100 = 3600$.
### Exam Strategy & Shortcut
When comparing a single discount of $(x+y)\%$ with successive discounts of $x\%$ and $y\%$, the percentage difference is always exactly $\frac{xy}{100}\%$.
Here, difference $= \frac{20 \times 10}{100} = 2\%$.
If $2\% = 72$, then $1\% = 36$, and $100\% = 3600$. This skips full equivalent discount calculation.
### Common Pitfall
Mistakenly assuming that successive discounts of $20\%$ and $10\%$ equal a $30\%$ discount, which would lead to the conclusion that there is no price difference.
### Final Answer
Therefore, the correct answer is **3600**.