A shop offers a 25% discount on the marked price of an item. If the selling price is ₹750, what is the marked price?
Show answer & explanation
Correct answer: B
Explanation
Given:
Discount = 25%
Selling price = ₹750
Formula:
Selling price = Marked price × (1 − Discount/100)
750 = M × (1 − 25/100)
750 = M × 0.75
M = 750 / 0.75
M = ₹1000