A watch is sold for ₹840 after a discount of 20% is applied. What was the original marked price of the watch?
Show answer & explanation
Correct answer: C
Explanation
Given:
Discount = 20%
Selling price = ₹840
Formula:
Selling price = Marked price × (1 − Discount/100)
840 = M × (1 − 20/100)
840 = M × 0.80
M = 840 / 0.80
M = 1050
Marked price = ₹1050