Selling price of an article is 140 percent of the value of discount. Marked price is what percent of the value of discount?
Show answer & explanation
Correct answer: A
Explanation
Given:
Selling Price (SP) = 140% of the Discount
According to the formula:
Let the Discount = 100
SP = 140% of 100 = 140
MP = SP + Discount
= 140 + 100
= 240
Percentage = (240/100) × 100 = 240%