After allowing 15% discount, a dealer wishes to sell a machine for ₹1,22,700. At what price must the machine be marked? (Consider up to two decimals)
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹1,44,352.94
If the seller wants to give 15% discount and sell the item at Rs 1,22,700
Let x be the marked price.
thus, 85% of x = 122700
⇒ (85/100) × x = 122700
⇒ x = {100 × 122700}/85 = ₹1,44,352.94