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Reshama bought a showpiece for Rs 629 wi...

Reshama bought a showpiece for Rs 629 with a discount of `15%` on the marked price. Find the marked price of the showpiece.

A

Rs. 740

B

Rs. 820

C

Rs. 840

D

Rs. 880

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the showpiece that Reshama bought for Rs 629 with a discount of 15%, we can follow these steps: ### Step 1: Understand the relationship between marked price, selling price, and discount. The selling price (SP) is the price after the discount is applied. The discount is given as a percentage of the marked price (MP). In this case, the discount is 15% of the marked price. ### Step 2: Set up the equation. Let the marked price be represented as MP. Since a discount of 15% is applied, the selling price can be expressed as: \[ SP = MP - (15\% \text{ of } MP) \] This can also be written as: \[ SP = MP - 0.15 \times MP \] Which simplifies to: \[ SP = 0.85 \times MP \] ### Step 3: Substitute the known selling price. We know that Reshama bought the showpiece for Rs 629, so we can substitute this into the equation: \[ 629 = 0.85 \times MP \] ### Step 4: Solve for the marked price (MP). To find MP, we can rearrange the equation: \[ MP = \frac{629}{0.85} \] ### Step 5: Calculate the marked price. Now, we perform the division: \[ MP = \frac{629}{0.85} \approx 740 \] ### Conclusion: The marked price of the showpiece is Rs 740.
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