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When a discount of rs. 42 is allowed on ...

When a discount of rs. 42 is allowed on the marked price of an article, the new reduced price becomes 86% of the original price. Find the marked price.

A

Rs. 250

B

Rs. 300

C

Rs. 350

D

Rs. 400

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the article, we can follow these steps: ### Step 1: Define the Marked Price Let the marked price of the article be represented as \( M \). ### Step 2: Calculate the Reduced Price According to the problem, when a discount of Rs. 42 is applied to the marked price, the new reduced price becomes 86% of the original price. Therefore, we can express this mathematically as: \[ M - 42 = 0.86M \] ### Step 3: Rearrange the Equation Now, we can rearrange the equation to isolate \( M \): \[ M - 0.86M = 42 \] \[ 0.14M = 42 \] ### Step 4: Solve for the Marked Price To find \( M \), divide both sides of the equation by 0.14: \[ M = \frac{42}{0.14} \] ### Step 5: Calculate the Value Now, calculate the value: \[ M = 300 \] ### Conclusion Thus, the marked price of the article is Rs. 300. ---
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