A wardrobe is being sold at a 5 percent discount 5225 See its price a)5,050 b)5,000 c)5,500 c)5,725
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Answer:
Option (C)
Step-by-step explanation:
SP = Rs 5225
Let MP be x
discount = 5% of x
=(5/100)x = 0.05x
SP = MP - discount
⇒5225 = x - 0.05x
⇒0.95x = 5225
⇒x = 5225/0.95 = 5500
∴MP = Rs 5500
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