Selling price of an article is Rs. 8175 and discount offered is 25 percent. What is the marked price of the article?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. Rs.10900.
Let the marked price be M
We know that,
Selling Price = Marked Price − Discount
Discount = 25% × M
⇒ 25/100 × M = 0.25M
Selling Price = M − 0.25M = 0.75M
⇒ 0.75M = 8175
⇒ M = 8175/0.75
⇒ M = 10900
Hence, the marked price of the article is Rs. 10,900