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Question
Rohit buys an item at 25% discount on the marked price. He sells it for Rs 660, making a profit of 10%. What is the marked price of the item?
Solution
\[\text { Given, }\]
\[\text { SP of the item = Rs } . 660\]
\[\text { Discount on the item = 25 % } \]
\[\text { Profit on the item = 10 % }\]
\[\text { We know }, \]
\[\text { MP } = \left( \frac{100 \times SP}{100 - \text { Discount % }} \right)\]
\[ = \left( \frac{100 \times 660}{100 - 25} \right)\]
\[ =\text { Rs }. 880\]
\[\text { Thus, the marked price of the item is Rs } . 880 .\]
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