After allowing a discount of 24% on the marked price of an article it is sold For Rs. 760, Its Marked price is
Question
After allowing a discount of 24% on the marked price of an article it is sold For Rs. 760, Its Marked price is
Solution
The problem states that after a discount of 24%, the article is sold for Rs. 760. This means that Rs. 760 is 76% of the marked price (since 100% - 24% = 76%).
To find the marked price, we can set up the following equation:
76/100 * Marked Price = Rs. 760
To solve for the Marked Price, we can divide both sides of the equation by 76/100:
Marked Price = Rs. 760 / (76/100) = Rs. 1000
So, the marked price of the article is Rs. 1000.
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