A discount of 13% is given to the customer on the marked price of an article. A man bought the article for Rs.242.5 . The marked price of the article isChoose the best optionClear ResponseRs.278.7Rs. 260.5Rs. 270.8none
Question
A discount of 13% is given to the customer on the marked price of an article. A man bought the article for Rs.242.5 . The marked price of the article isChoose the best optionClear ResponseRs.278.7Rs. 260.5Rs. 270.8none
Solution
The marked price of the article can be calculated using the formula:
Marked Price = Sale Price / (1 - Discount Rate)
Here, the sale price is Rs.242.5 and the discount rate is 13% or 0.13.
So, the marked price = 242.5 / (1 - 0.13) = Rs.278.7
Therefore, the marked price of the article is Rs.278.7.
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