Question 53

A man sold an article for Rs. 450, after allowing a discount of 16 2/3 % on the printed price. What is that printed price?

Solution

Let the printed price = Rs. $$x$$

Discount % = $$16\frac{2}{3}=\frac{50}{3}\%$$

Selling price = Rs. 450

=> Discount % = $$\frac{MP-SP}{MP} \times 100$$

=> $$\frac{x-450}{x} \times 100=\frac{50}{3}$$

=> $$\frac{x-450}{x}=\frac{1}{6}$$

=> $$6x-2700=x$$

=> $$6x-x=5x=2700$$

=> $$x=\frac{2700}{5}=Rs.$$ $$540$$

=> Ans - (D)

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