Question

A shopkeeper gives an 8% discount on the marked price of a camera. He sold a camera for Rs 460. What was its marked price?

Answer 1

Selling price of the camera = Rs 460
Discount percent = 8%
Let the marked price be Rs x.
Discount = Marked Price × p.c. discount
= x × 8%
= $\frac{8x}{100}$

Selling price =Marked Price − Discount
⇒ Marked Price = Selling price + Discount
⇒ x = 460 +$\frac{8x}{100}$
⇒ x − $\frac{8x}{100}$ = 460
⇒ $\frac{92x}{100}$ = 460
⇒ x = $\frac{460\times 100}{92}$
⇒ x = 500
∴ The marked price of the camera is Rs 500.