marked price of an item sold at rupees 5,225 after allowing a discount of 5% is
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Answer:
The marked price is Rs 5,500.
Step-by-step explanation:
Let the marked price be M, selling price be P and discount be D.
Then, we have P = M (1 - D)
Here, D = 5% = 0.05 and P = 5,225
M = P / (1 - D) = 5225 / (1 - 0.05) = 5225 / 0.95 = 5500
Hence, marked price, M = Rs 5,500
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