An almirah sold for Rs5225 after allowing a discount of 5% Find it's marked price?
Answers
Answered by
1
Answer:
The marked price of the almirah (excluding discount). [ Assume, x as a variable to do the further mathematical calculations.] Hence,the marked price of the almirah is rs. 5500
Answered by
1
Answer:
The discount is given in percentage.
Hence, the M.P. is taken as 100.
Rate of discount =5%
Amount of discount =
100
5
×100
= 5.
Selling Price = M.P. − Discount
=100−5= 95
If S.P. is 95, then M.P. is 100.
When S.P. is 5225,
M.P. =
95
100
×5225
∴ M.P. of the almirah = 5,500.
OR
Vignesh used the formula method:
S.P. = Rs 5225
Discount =5%
M.P. = ?
M.P. =(
100−Discount%
100
)× S.P.
=(
100−5
100
)×5225
=
95
100
×5225
= 5,500
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