A retailer wants to sell an item for Rs.2,700 after granting a 10% discount. What is the marked price of the item?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option2 i.e. 3000 Rs
As we know
MP = SP/(100 - D)
Given that
SP = Rs 2700
Discount = 10%
MP = 2700/90% = 2700 /0.9 = Rs 3000