The marked price of an article is Rs. 5000. A shopkeeper gives two successive discounts of x% and 20%. If the customer pays Rs. 3400, find the value of x. MCQ with Answer and Explanation

Explanation:
Profit = 78, profit% = 78/390*100 = 20%.

Explanation:
Let Marked Price = 100. Price after 10% discount = 90. Price after 20% discount = 90 * 0.80 = 72. Price after 25% discount = 72 * 0.75 = 54. Total discount = 100 - 54 = 46. Equivalent discount percentage = 46%.

Explanation:
Let CP = 100, MP = 150, SP = 150*0.7 = 105, profit = 5%.