Question

A shopkeeper gives $11\%$ discount on a television set, hence the cost price of it is $Rs.22,250$. Then find the marked price of the television set.

Answer 1

Let marked price be $x$,

According to question,

$x-\frac{11x}{100}=22,250$

=> $x=\frac{22,500\times 100}{89}$

=> $x=25,000$

Hence marked price $=25,000$