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An article is sold at Rs. 5225 after allowing discount of 5%. What is its marked price?
- a)Rs. 5500
- b)Rs. 5400
- c)Rs. 5600
- d)Rs. 5450
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
An article is sold at Rs. 5225 after allowing discount of 5%. What is ...
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An article is sold at Rs. 5225 after allowing discount of 5%. What is ...
Problem:
An article is sold at Rs. 5225 after allowing a discount of 5%. What is its marked price?
Solution:
To find the marked price of the article, we need to reverse calculate the original price before the discount was applied.
Step 1: Calculate the selling price after the discount is applied.
Given that the selling price after the discount is Rs. 5225 and the discount is 5%, we can calculate the original price using the formula:
Original price = Selling price / (1 - Discount)
Substituting the given values:
Original price = 5225 / (1 - 0.05)
Original price = 5225 / 0.95
Original price = 5500
Step 2: Interpret the calculated value.
The marked price of the article is Rs. 5500.
Therefore, the correct answer is option A) Rs. 5500.
An article is sold at Rs. 5225 after allowing a discount of 5%. What is its marked price?
Solution:
To find the marked price of the article, we need to reverse calculate the original price before the discount was applied.
Step 1: Calculate the selling price after the discount is applied.
Given that the selling price after the discount is Rs. 5225 and the discount is 5%, we can calculate the original price using the formula:
Original price = Selling price / (1 - Discount)
Substituting the given values:
Original price = 5225 / (1 - 0.05)
Original price = 5225 / 0.95
Original price = 5500
Step 2: Interpret the calculated value.
The marked price of the article is Rs. 5500.
Therefore, the correct answer is option A) Rs. 5500.
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Community Answer
An article is sold at Rs. 5225 after allowing discount of 5%. What is ...
Let the marked price be x
SP= 5225
Discount = 5% of x = (5/100)of x
= 0.05x
SP = Marked price - discount
5225 = x -0.05x
0.95x = 5225
x = (5225/0.95)
x= 5500
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