Question 76

If the selling price of an item is Rs 1150 after getting a discount of 8%, what is its marked price?

Solution

Let Marked Price = Rs. $$x$$

Selling price = Rs. 1150

Discount % = $$\frac{(x - 1150)}{x} \times 100 = 8$$

=> $$\frac{x-1150}{x} = \frac{8}{100} = \frac{2}{25}$$

=> $$25x - 28750 = 2x$$

=> $$25x - 2x = 23x = 28750$$

=> $$x = \frac{28750}{23} = Rs. 1250$$

=> Ans - (A)

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