An article is sold at Rs. 850 after giving 15% discount. What is the marked price?
Show answer & explanation
Correct answer: C
Explanation
Given:
Selling price = 850
Discount = 15%
Formula:
Selling price = Marked price × (100 − Discount)% / 100
850 = Marked price × 85 / 100
Marked price = (850 × 100) / 85 = 1000