Question

Sp = Rps 1950.35,Discount rate = 5%,Market price =

Answer 1

Given: SP = Rs. 1950.35

D% = 5

MP = ?

Therefore, MP = SP×100/ 100- D%

=> MP = Rs. (1950.35 × 100 / 100-5)

=> MP = Rs. (195035/95)

=> MP = Rs. 2053 (ans).