After a discount of 28 percent an article is sold for Rs. 1008. What is the marked price of the article?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs. 1400.
Selling Price = Marked Price - Discount
The discount would then be ( 28% ) of (MP), or ( 0.28MP).
The selling price is Rs. 1008,
⇒ 1008 = MP - 0.28MP
⇒ 1008 = 0.72MP
⇒ MP = 1008 / 0.72 = 1400