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  1. An article was sold at Rs. 950 allowing 5% discount on the marked price. The marked price of the article is
    1. Rs. 960
    2. Rs. 1000
    3. Rs. 955
    4. Rs. 945
Correct Option: B

Given that , S.P. of article = Rs. 950
Let the marked price of article be Rs. y.
According to the question,
95% of y = 950

⇒  y ×
950
= 950
100

⇒ y =
950 × 100
= Rs. 1000
95



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