Arun bought a pair of skates at a sale where the discount given was 20%. If the amount he pays is ₹1,600, find the marked price.
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Solution
S.P = ₹1,600 and Rate of discount = 20%
Let M.P be ₹100 then S.P for customer = ₹100 - ₹20 = ₹80 ∴ When S.P is ₹80, then M.P = ₹100 ∴ When S.P is ₹1, then M.P = 10080 ∴ When S.P is ₹1,600, then M.P = 10080×1,600=₹2,000