Question

A shopkeeper gives 12% discount on marked price of TV set. If a set is sold for rs 7480, what was its marked price

Answer 1

Let the MP be x
we will first find dis
12÷100 ×7480=897.60
now, 7480- 897.60=6562.40

Answer 2

Answer:

The market price of the item is Rs.8500.

Step-by-step explanation:

Given : A shopkeeper gives 12% discount on marked price of TV set. If a set is sold for Rs.7480.

To find : What was its marked price?

Solution :

Let x be the market price,

According to question,

$x=7480 + (12\% \text{ of } x)$

$x=7480 + 0.12x$

$x-0.12x=7480$

$0.88x=7480$

$x=8500$

Therefore, The market price of the item is Rs.8500.