Math Problem Statement

A lady bought a handbag at 35% discount. He gets another discount of 10% on cash payment. If she paid ₹585 for the handbag, find the marked value of the handbag

Solution

To find the marked value of the handbag, we need to account for both the discounts applied.

  1. Let the marked price of the handbag be MM.

  2. The first discount of 35% means the price after the first discount is: M0.35M=0.65MM - 0.35M = 0.65M

  3. The second discount of 10% on cash payment means the price after the second discount is: 0.65M0.10×0.65M=0.65M×0.90=0.585M0.65M - 0.10 \times 0.65M = 0.65M \times 0.90 = 0.585M

  4. According to the problem, the final price paid is ₹585. Therefore: 0.585M=5850.585M = 585

  5. Solving for MM: M=5850.585=1000M = \frac{585}{0.585} = 1000

Hence, the marked value of the handbag is ₹1000.

Would you like further details or have any questions?

Here are 5 questions you might want to ask next:

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Tip: When dealing with successive discounts, always apply each discount step by step rather than adding the percentages together.

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Math Problem Analysis

Mathematical Concepts

Percentage
Discounts
Equations

Formulas

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Theorems

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Suitable Grade Level

High School