an item is sold for rs 5,255 after allowing a discount of 5% . Find it's marked price
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Answer:
Rs.5500
Step-by-step explanation:
The discount is given in percentage.
Hence, the M.P. is taken as 100.
Rate of discount =5%
Amount of discount = 5/100*100
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. = 100/95*5255
∴ M.P. of the almirah = 5,500.
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