A shopkeeper allows a rebate 12% on the marked price of an article such that the selling price is ₹ 440. Then the marked price of the article is
Answer: (2) Rs.500
A shopkeeper allows rebate = 12%
Then, the selling price = 88%
Thus, Market price = 100 x 440/88
= 1000/2 = 500
Hence, the market price is Rs.500.