A microwave is sold at a discount of 25%. If a man buys it for Rs. 7500, what is the marked price?
Show answer & explanation
Correct answer: B
Explanation
Given:
Discount = 25%
Selling price = ₹7500
Formula:
Selling price = Marked price × (1 − Discount/100)
7500 = M × (1 − 25/100)
7500 = M × 0.75
M = 7500 / 0.75
M = 10,000
Marked price = ₹10,000