A book is sold for ₹1,554 by allowing a discount of 26% on its marked price. Find the marked price of the book.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹2,100
Formula used:
Discount = Marked price - Selling price
Discount% = (Discount/marked price) × 100
Calculations:
Let the marked price be x.
After a discount of 26%, selling price = 0.74x
According to the question;
⇒ 0.74x = 1554
⇒ x = 1554/0.74
⇒ x = 2100