Question

After giving a discount of 10% on the marked price, a shirt was sold for Rs 450. Find the marked price of the shirt.

Answer 1

Given:

• Discount = 10 %

• Selling price, S.P = Rs 450

To find out:

Find the marked price of the shirt.

Formula used:

$M.P = \frac{100 \times \: S.P }{(100 -D iscount\%)}$

$= \frac{100 \times 450}{100 - 10}$

$= \cancel \frac{45000}{90}$

$= 500$

Hence, the market price of the shirt is Rs. 500.

Extra information:

• Discount = M.P - S.P

• S.P = Profit + C.P

• C.P = S.P - Profit

• Profit = S.P - C.P

• Loss = CP - S.P

• S.P = CP- Loss

• C.P = Loss + S.P

Answer 2

Given:

• Discount = 10%

• Selling price, S.P = 450

To find out:

Find the market price of the shirt.

Formula used:

M.P = 100 × S.P / (100 - Discount%)

= 100 × 450 / 100 - 10

= 45000/90

= 500

Hence, the market price of the shirt is Rs 500.

Extra information:

• Discount = M.P - S.P

• S.P = profit + C.P

• C.P = S.P - Profit

• Profit = S.P - C.P

• Loss = C.P - S.P

• S.P = C.P - Loss

• C.P = Loss + S.P

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