Question

5. A shopkeeper allowed 5% discount on the marked price of a car battery. If it is sold at 31273, calculate the marked price of the car battery. ​

Answer 1

Step-by-step explanation:

Krishna used this method:

The discount is given in percentage.

Hence, the M.P. is taken as 100.

Rate of discount =5%

Amount of discount =1005×100

                                = 5.

Selling Price = M.P. − Discount

                    =100−5= 95

If S.P. is 95, then M.P. is 100.

When S.P. is 5225,

M.P. =95100×5225

∴ M.P. of the almirah = 5,500.

OR

Vignesh used the formula method:

S.P. = Rs 5225

Discount =5%

M.P. = ?

M.P. =(100−Discount%100)× S.P.

        =(100−5100)×5225

        =95100×5225

        = 5,500.