Question

IV. A shopkeeper allows 20% discount on the marked price on his article. Find the marked price of the article for which he charges Rs.740.00​

Answer 1

Let the marked Price be Rs a

Discount percent = 20

=> Discount × 100 / Marked Price = 20

=> Discount × 100 /a = 20

=> Discount = 20a/100

=> Discount = a/5

Now,

Marked Price - Discount = Selling price

=> a - a/5 = 560

=> 4a/5 = 560

=> a = 560 ×5 / 4

=> a = 140 × 5

=> a = 700

marked price =700