a shopkeeper sold a tv set for Rs 11,500 after allowing 8% discount .what is the marked price of tv set ?
Answers
- Given :-
SP of the TV = 11,500
After allowing Discount = 8%
- To Find :-
MP = ?
We know, Discount
Thus the marked price of the tv set is Rs12500.
Given :
The shopkeeper sold a tv set for Rs11500 after allowing a discount of 8%
To Find :
the marked price of the tv set.
Solution :
We can find the solution to this problem in the following way.
(The selling price of an item is the price at which the shopkeeper sells the item.)
(The marked price of an item is the price at which the shopkeeper marks the item for selling and on which the shopkeeper gives a discount to the customer.)
We know that the selling price of an item is less than the marked price as the shopkeeper gives a discount on the marked price.
Since the discount % is calculated on the marked price, we can calculate the selling price in the following way.
Therefore, we compute the marked price in the following way.
Thus the marked price of the tv set that the shopkeeper sold for Rs11500 after allowing a discount of 8% is Rs12500.
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