Question

A trader, after giving a discount of 35% on a TV. is sold for Rs. 14,300. What is the marked price of the T.V.
1. Rs. 15,000
2. Rs. 22,000
3. Rs. 25,000
4. Rs. 45,000

Answer 1

Correct Answer - Option 2 : Rs. 22,000

Given

Discount = 35%

Selling price = Rs. 14,300

Formula used

Market price - discount = Selling Price

Calculation

Let the marked price is Rs.x

So, 14,300 = x - 35% of x

14,300 = 65% of x

(14,300 × 100)/65 = x

Rs. 22,000 = x

∴ Market price is Rs. 22,000