Question
Download Solution PDFA shopkeeper listed the marked price of a chair at a certain amount. If the shopkeeper declares a 15% discount and sold it at Rs. 1,445, then what is the marked price?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Shopkeeper declares a discount of 15%
Selling price = Rs. 1445
Formula used:
SP = MP × (100 - Discount)%
Calculations:
According to the formula,
⇒ SP = MP × (100 - 15)%
⇒ 1445 = MP × 85%
⇒ MP = \(\frac{1445}{85}\times100\) = 1700
⇒ Hence, The marked price of the chair is Rs. 1700
Last updated on Jun 25, 2025
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