Question

On the sale of 20 percent discount, the value of an item is Rs. 760. What was the real value of the item?
1. Rs. 1013
2. Rs. 1046
3. Rs. 912
4. Rs. 950

Answer 1

Correct Answer - Option 4 : Rs. 950

Given:

Discount = 20%

Selling price = Rs. 760

Formula used:

Selling Price (SP) = {(100% - discount)/100} × Marked Price(MP)

Calculation:

MP of the item is

MP = (760/80) × 100

⇒ MP = Rs. 950

∴ The real value of the item is Rs. 950