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A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of a radio. If the final sale price of the radio is 704. then what is its labelled price?

Options:
A .  Rs 844.80
B .  Rs 929.28
C .  Rs 1000
D .  Rs 1044.80
E .  None of these
Answer: Option C
 -  Let the labeled price be Rs. x
88% of 80% of x = 704
=> x = (704 x 100 x 100/88 x 80)
= 1000.

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It's labelled price is one thousand rupees (1000) shopkeepar

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