A carpenter allows a 15% discount on the goods sold by him.Find the marked price of a chair which is sold by him for Rs 680.

Given: A carpenter allows a 15% discount on the goods sold by him.

To find:  We have to find the marked price of a chair which is sold by him for Rs 680 .

Solution

The sale price SP of the chair = Rs 680

A discount of 15% is offered on the Marked price MP of the chair.

Using formula $MP \times(\frac{100 - Discount%}{100}) = SP$

$MP \times(\frac{100 - 15}{100}) = 680$

$MP \times \frac{85}{100} = 680$

$MP = 680 \times \frac{100}{85} = Rs 800$

So the required Marked price of the chair is Rs 800 

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Updated on: 10-Oct-2022

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