The difference between the selling price when an article is sold for 25 percent discount and the selling price when it is sold for 18 percent discount is Rs. 70. What is the marked price of the article?
Show answer & explanation
Correct answer: B
Explanation
Let Marked Price = MP
SP at 25% discount = 75% of MP
SP at 18% discount = 82% of MP
Difference = 82% of MP - 75% of MP = 7% of MP
7% of MP = 70
MP = 70 × 100/7 = ₹1000