I purchased a pair of shoes at a discount of 20%. If the amount I paid is Rs 1600, find the marked price
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Answer:
1580
is
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Step-by-step explanation:
Given:
Discount (D) = 20%
Cost price (C.P) = Rs.1600
To find:
Marked price.
Solution:
Marked price:
- C.P/(100 - D) × 100
⇒ 1600/(100 - 20) × 100
⇒ 1600/80 × 100
⇒ 20 × 100
⇒ 2000
∴ The marked price of the shoes is Rs.2000.
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