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After allowing a discount of 12% on the marked price of an article, it is sold for ₹ 880. Find its marked price.
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- ₹ 1,100
- ₹ 2,000
- ₹ 1,000
- ₹ 2,100
Correct Option: C
Here , discount = 12% , SP of an article = ₹ 880
| ∴ Marked price = | × SP of an article | |
| 100 − Discount |
| Marked price = | ×880 = ₹ 1000 | |
| 100 − 12 |
We can find the required answer with the help of given formula :
Here, S.P. = ₹ 880, D = 12%, M.P. = ?
| M.P. = | |
| 100 − D |
| M.P. = | ||
| 100 − 12 |
| M.P. = | = ₹ 1000 | |
| 88 |