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An article is sold for Rs. 5845 after gi...

An article is sold for Rs. 5845 after giving discount of 12.5%. What is the marked price of article?

A

Rs6800

B

Rs6700

C

Rs6600

D

Rs6680

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the article after a discount of 12.5%, we can follow these steps: ### Step 1: Understand the relationship between Selling Price (SP), Marked Price (MP), and Discount. The selling price after a discount can be calculated using the formula: \[ \text{SP} = \text{MP} - \text{Discount} \] ### Step 2: Express the discount in terms of the marked price. If the marked price is considered as 100%, then the selling price after a discount of 12.5% can be expressed as: \[ \text{SP} = \text{MP} \times (1 - \text{Discount Rate}) \] \[ \text{SP} = \text{MP} \times (1 - 0.125) \] \[ \text{SP} = \text{MP} \times 0.875 \] ### Step 3: Substitute the known selling price into the equation. We know that the selling price (SP) is Rs. 5845. Thus, we can set up the equation: \[ 5845 = \text{MP} \times 0.875 \] ### Step 4: Solve for the marked price (MP). To find the marked price, rearrange the equation: \[ \text{MP} = \frac{5845}{0.875} \] ### Step 5: Calculate the marked price. Now, perform the division: \[ \text{MP} = \frac{5845}{0.875} \approx 6680 \] ### Conclusion: The marked price of the article is Rs. 6680.
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