Question Details

Directions: Calculate the marked price using the information below.

A shopper buys two travel backpacks. The first backpack is offered at a 36% discount, while the second backpack receives successive discounts of 10% and 20%. The marked price of the first backpack is 25% higher than that of the second backpack. A 5% tax is added to the combined discounted prices, and the shopper pays Rs. 6384 in total. What is the marked price of the first backpack?

Options

A

Rs. 6000

B

Rs. 5000

C

Rs. 4000

D

Rs. 5500

E

Rs. 4500

Show Answer

Correct Answer :

Option B

Rs. 5000

Solution :

The correct option is Rs. 5000.

To find the marked price of the first backpack, let us define the marked prices of both backpacks using algebraic variables.
Let the marked price of the second backpack be M2 and the marked price of the first backpack be M1.

According to the question, the marked price of the first backpack is 25% higher than that of the second backpack.

M1=M2+0.25×M2=1.25×M2

Step 1: Calculate the discounted selling price of the first backpack.
The first backpack is offered at a 36% discount.

Selling Price of 1st Backpack = M1×(1-0.36)=0.64×M1

Substituting M1=1.25×M2 into this equation gives:

Selling Price of 1st Backpack = 0.64×1.25×M2=0.80×M2

Step 2: Calculate the discounted selling price of the second backpack.
The second backpack receives successive discounts of 10% and 20%.

Selling Price of 2nd Backpack = M2×(1-0.10)×(1-0.20)

=M2×0.90×0.80=0.72×M2

Step 3: Determine the combined discounted price of both backpacks.

Combined Discounted Price = 0.80×M2+0.72×M2=1.52×M2

Step 4: Include tax to find the value of M2.
A 5% tax is added to the combined discounted price, making the final total Rs. 6384.

Total Paid = Combined Discounted Price×(1+0.05)

6384=1.52×M2×1.05

6384=1.596×M2

M2=63841.596=4000

Step 5: Calculate the marked price of the first backpack (M1).

M1=1.25×M2=1.25×4000=5000

Thus, the marked price of the first backpack is Rs. 5000.

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