![A shopkeeper marked an article at 50% above its cost price and sold it after giving two successive discounts of 10%](https://www.gkseries.com/blog/wp-content/uploads/2024/03/A-shopkeeper-marked-an-article-at-50-above-its-cost-price-and-sold-it-after-giving-two-successive-discounts-of-10.jpg)
A shopkeeper marked an article at 50% above its cost price and sold it after giving two successive discounts of 10% and 20% respectively. If the shopkeeper gets the profit of Rs.960, then find the marked price of the article?
a) Rs.18000
b) Rs.20000
c) Rs.15000
d) Rs.22000
e) Rs.12000
Sol:
CP * 150/100 * 90/100 * 80/100 = CP + 960
0.08 CP = 960
CP = 12000
MP = 12000 * 150/100
= 18000