# What is the Marked Price of the Article

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

- ₹ 490
- ₹ 500
- ₹ 600
- ₹ 550

**Answer: (2) Rs.500**

**Explanation:-**

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.