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Question
What is the marked price of a hat which is bought for ₹ 210 at 16% discount?
Options
₹ 243
₹ 176
₹ 230
₹ 250
Solution
₹ 250
Explanation
Hint:
Let marked price be M.P
Discounted price = ₹ 210
Rate of discount = 16%
As per formula:
Discounted price = `"M.P" xx (((100 - "d"%))/100)`
= `((100 - 16))/100`
M.P = `(210 xx 100)/84`
= 250
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