Question

After giving a discount of 8% on the marked price, an article was sold for
414. Find the marked price of the article.​

Answer 1

Let the marked price be 'x'

8% discount on MP = x × 8/100

Price after discount = x - 8x/100

So,

$x - \frac{8x}{100} = 414$

$x(1 - \frac{8}{100} ) = 414$

$x \times \frac{92}{100} = 414$

$x = 414 \times \frac{100}{92}$

$x = 450rs$