Question

A shopkeeper sells an article for Rs. 248.50 after allowing a discount of 10%. Find the list price of the article.

Answer 1

S.P. of the article = Rs. 248.50
Discount = 10%
Let M.P = Rs.100
Discount = $\frac{10}{100}\times Rs.100$ = Rs. 10
Selling Price = Rs. 100- Rs.10 = Rs. 90
If S.P. is Rs. 90; then M.P. = Rs. 100
Re.1 = Rs. $\frac{100}{90}$
Rs.248.50 = Rs. $\frac{100}{90}\times 248.50$
= Rs. $\frac{100\times 248.50}{90}=Rs.\frac{24850}{90}$
= Rs. 276.11 (Approx.)