What will be the cost price of an Wheat bag if a shopkeeper initially marked it 75% above the cost price and then offered two successive discounts of 20% and 30%. If he had given a single discount of only 15%, he would have gained Rs.609 more.
We can say that cost price of the Wheat bag is Rs. 100a Marked price of the article = 1.75 × 100a = Rs. 175a Selling price of the article = 0.7 × 0.8 × 175a = Rs. 98a According to question; 0.85 × 175a = 98a + 609 148.75a – 98a = 609 50.75a = 609 a = 12 So, cost price of the Wheat bag is = Rs.1200
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