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An Almirah is sold at Rs …

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An Almirah is sold at Rs 5225 after allowing a discount of 5% .find its market price

Posted by Gurkirat Singh Randhawa 7 years, 2 months ago

CBSE > Class 08 > Mathematics

1 answers

Yogita Ingle 7 years, 2 months ago

The discount is given in percentage. Hence, the M.P. is taken as Rs 100. Rate of discount = 5%.

Amount of discount = (5/100)×100 = Rs 5.

Selling Price = M.P. – Discount = 100 – 5 = Rs. 95
If S.P. is Rs 95, then M.P. is Rs. 100.
When S.P. is Rs. 5225, M.P. = Rs. (100/95) × 5225.
Therefore the M.P. of the almirah = Rs. 5,500

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