A shopkeeper sells an article at 18% loss. What is its marked price (in Rs.) if it is sold at Rs.5,740?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 7,000.
Marked price = 5740 × 100/(100 - 18)
⇒ 5740 × 100/82 = 7000