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A blanket is sold for Rs 680 at the discount of 15% and 20%. Find the printed price of the blanket.
1. Rs. 800
2. Rs. 950
3. Rs. 1000
4. Rs. 900

1 Answer

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Correct Answer - Option 3 : Rs. 1000

Given:

Selling price of blanket = Rs 680

Discount = 15% and 20%

Formula Used:

Printed price = Selling price × [100/(100 – discount%)]

Calculation:

Printed price = Selling price × [100/(100 – discount%)]

⇒ 680 × [100/(100 – 15)] × [100/(100 – 20)]

⇒ 680 × (100/85) × (100/80)

⇒ 1000

The printed price of the blanket is Rs 1000

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