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  1. A discount of 24% on the marked price of an article is allowed and then the article is sold for ₹ 342. The marked price of the article is
    1. ₹ 500
    2. ₹ 490
    3. ₹ 450
    4. ₹ 430
Correct Option: C

Given Here , SP of article = ₹ 342 , discount = 24%
If the marked price of article be y, then

y × 76
= 342
100

⇒  y =
342 × 100
= ₹ 450
76

We can find the required answer with the help of given formula :
Here, D = 24%, S.P. = ₹ 342, M.P. = ?
Using the given formula ,
M.P. =
S.P. × 100
100 − D

M.P. =
342 × 100
=
34200
= ₹ 450
100 − 2476



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