After allowing a discount of 7/12% , an article is sold for Rs.2775. Find the marked price of the article
[7/1 BY 2 IS A MIXED FRACTION]
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rs 3000
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Answer:
Given, SP of the article = Rs2775
Discount = 7 1/2% = 7.5%
Let the M.P of the article be Rs x
∴Discount=Discount×M.P/100
=7.5x/100
=Rs. 0.075x
Since S.P=M.P−Discount
⇒2775=x−0.075x
⇒2775=0.925x
⇒x=2775/0.925
⇒x=Rs.3000
Thus, the M.P of the article is Rs. 3000
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