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A shopkeeper has announced 14% rebate on...

A shopkeeper has announced 14% rebate on marked price of an article. If the selling price of the article is X 645, then the marked price of the article will be

A

X 800

B

X 810

C

X 750

D

X 775

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AI Generated Solution

The correct Answer is:
To find the marked price of the article given a 14% rebate and a selling price of ₹645, we can follow these steps: ### Step-by-Step Solution: 1. **Understand the terms**: - **Marked Price (MP)**: The original price tagged on the article. - **Selling Price (SP)**: The price at which the article is sold after the discount. - **Rebate/Discount**: The percentage reduction on the marked price. 2. **Identify the given values**: - Selling Price (SP) = ₹645 - Discount = 14% 3. **Set up the equation**: - The formula for Selling Price after applying the discount is: \[ SP = MP \times \left(1 - \frac{\text{Discount}}{100}\right) \] - In this case, we can rewrite it as: \[ 645 = MP \times \left(1 - \frac{14}{100}\right) \] 4. **Calculate the effective multiplier**: - Calculate \(1 - \frac{14}{100}\): \[ 1 - 0.14 = 0.86 \] - So, the equation becomes: \[ 645 = MP \times 0.86 \] 5. **Rearranging the equation to find MP**: - To find the Marked Price (MP), we rearrange the equation: \[ MP = \frac{645}{0.86} \] 6. **Perform the calculation**: - Now, calculate \(MP\): \[ MP = \frac{645}{0.86} \approx 750 \] 7. **Conclusion**: - Therefore, the marked price of the article is ₹750. ### Final Answer: The marked price of the article is **₹750**. ---
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