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After a discount of 34% an article is so...

After a discount of 34% an article is sold for Rs.3168. What is the marked price (in Rs) of the article?

A

4750

B

4800

C

4850

D

5000

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the article after a discount of 34% when it is sold for Rs. 3168, we can follow these steps: ### Step 1: Understand the relationship between marked price, discount, and selling price. The selling price (SP) after a discount can be calculated using the formula: \[ SP = MP - \text{Discount} \] Where: - SP = Selling Price - MP = Marked Price - Discount = Percentage of the marked price ### Step 2: Express the discount in terms of the marked price. Given that the discount is 34%, we can express the discount in terms of the marked price (MP): \[ \text{Discount} = 34\% \text{ of MP} = \frac{34}{100} \times MP = 0.34 \times MP \] ### Step 3: Substitute the discount into the selling price formula. Now we can substitute the discount into the selling price formula: \[ SP = MP - 0.34 \times MP \] This simplifies to: \[ SP = MP (1 - 0.34) \] \[ SP = MP \times 0.66 \] ### Step 4: Set the selling price equal to Rs. 3168. We know that the selling price (SP) is Rs. 3168, so we can set up the equation: \[ 3168 = MP \times 0.66 \] ### Step 5: Solve for the marked price (MP). To find the marked price (MP), we can rearrange the equation: \[ MP = \frac{3168}{0.66} \] Now, calculate the value: \[ MP = 4800 \] ### Conclusion: The marked price of the article is Rs. 4800. ---
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