Correct Answer - Option 1 : Rs. 910
Given:
SP of the article = Rs. 546
Discounts are 20% and 25% respectively
Concept used:
Equivalent discount = (x + y – xy/100) %
MP = {100/(100 – value of discount%)} × SP
Calculation:
Equivalent discount = (20 + 25 – 500/100)% = 40%
So marked price = MP = Rs. (100/60 × 546) = Rs. 910
∴ Marked price is Rs. 910