An article is sold at a discount of 20% and an additional

An article is sold at a discount of 20% and an additional discount of 30% is allowed on cash payment. If Vidya purchased the article by paying ₹ 2240 in cash, the marked price of the article was

Let the marked price of the article be y.
For successive discounts of 30% and 20% ,

Single Equivalent discount =		30 + 20 −	30 × 20		%
			100

Single Equivalent discount = (50 – 6)% = 44%
⇒ (100 – 44)% of y = 2240

⇒	y × 56	= 2240
	100

⇒ y =	2240 × 100	= ₹ 4000
	56