After allowing a discount of 15% on the marked price of an article, it is sold for Rs 680. Find the marked price of the article is
Text Solution
AI Generated Solution
The correct Answer is:
To find the marked price of the article after allowing a discount of 15% and selling it for Rs 680, we can follow these steps:
### Step-by-Step Solution:
1. **Understand the relationship between marked price, discount, and selling price**:
The selling price (SP) is equal to the marked price (MP) minus the discount. This can be expressed as:
\[
SP = MP - \text{Discount}
\]
2. **Let the marked price be \( X \)**:
We will denote the marked price of the article as \( X \).
3. **Calculate the discount**:
The discount is 15% of the marked price. Therefore, the discount can be expressed as:
\[
\text{Discount} = 15\% \text{ of } X = \frac{15}{100} \times X = \frac{15X}{100}
\]
4. **Set up the equation**:
Using the relationship from step 1, we can substitute the discount into the equation:
\[
680 = X - \frac{15X}{100}
\]
5. **Simplify the equation**:
To simplify, we can express \( X - \frac{15X}{100} \) as:
\[
680 = \frac{100X - 15X}{100} = \frac{85X}{100}
\]
6. **Eliminate the fraction**:
Multiply both sides of the equation by 100 to eliminate the fraction:
\[
68000 = 85X
\]
7. **Solve for \( X \)**:
Now, divide both sides by 85 to find the marked price:
\[
X = \frac{68000}{85}
\]
Performing the division:
\[
X = 800
\]
8. **Conclusion**:
The marked price of the article is Rs 800.
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