Question

After allowing a discount of $15\%$ on the marked price of an article, it is sold for $Rs.1700$. Find its marked price

Answer 1

Let Marked Price of the article be $Rs.x$.

Discount offered on the article $=15\%$ of $x$

Therefore, SP $=$ MP $-$ Discount

$\Rightarrow 1700=x-15\%\times x$

$\Rightarrow 1700=x-\frac{15x}{100}$

$\Rightarrow 1700=\frac{100x-15x}{100}$

$\Rightarrow 1700=\frac{85x}{100}$

$\Rightarrow x=\frac{100}{85}\times 1700$

$\Rightarrow x=2000$

Therefore, marked price of the article is $Rs.2000$.