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

  1. ₹ 490
  2. ₹ 500
  3. ₹ 600
  4. ₹ 550
Manish Listener Asked on 19th June 2015 in Maths.
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  • 1 Answer(s)

    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.

    Anurag Mishra Professor Answered on 19th June 2015.
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