The following question has two statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. The selling price of a watch is Rs. 3600. Calculate the marked price of watch on the day of New Year. I) The retailer declared discount of 20% on the marked price of the watch. II) On the occasion of New Year, he offers an extra 25% off as final discount after initial discount.
The following question has two statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. The selling price of a watch is Rs. 3600. Calculate the marked price of watch on the day of New Year. I) The retailer declared discount of 20% on the marked price of the watch. II) On the occasion of New Year, he offers an extra 25% off as final discount after initial discount. Correct Answer Both I and II
Let marked price of the watch be Rs. ‘x’
Considering statement I,
Price of watch after 20% discount = (100 – 20)% of x = 0.8x
Considering statement II,
25% discount was offered on the watch after the initial discount
Using information from statement I,
⇒ Selling price of watch = (100 – 25)% of 0.8x
⇒ 0.75 × 0.8x = 3600
⇒ x = 3600/0.6 = Rs. 6000
∴ Both the statements are necessary to answer the question