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If the difference between the selling pr...

If the difference between the selling prices of an article, when sold at 22% discount and at 14.5% discount, is Rs 285, then the marked price of the article is:

A

Rs 3,400

B

Rs 3,500

C

Rs 3,800

D

Rs 2,800

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the article based on the given discounts and the difference in selling prices, we can follow these steps: ### Step 1: Define the variables Let the marked price of the article be \( M \). ### Step 2: Calculate the selling prices The selling price when sold at a 22% discount can be calculated as: \[ \text{Selling Price at 22% discount} = M - (22\% \text{ of } M) = M - 0.22M = 0.78M \] The selling price when sold at a 14.5% discount can be calculated as: \[ \text{Selling Price at 14.5% discount} = M - (14.5\% \text{ of } M) = M - 0.145M = 0.855M \] ### Step 3: Set up the equation for the difference in selling prices According to the problem, the difference between the two selling prices is Rs 285: \[ 0.855M - 0.78M = 285 \] ### Step 4: Simplify the equation Now, simplify the left side: \[ 0.855M - 0.78M = 0.075M \] So, we have: \[ 0.075M = 285 \] ### Step 5: Solve for \( M \) To find \( M \), divide both sides by 0.075: \[ M = \frac{285}{0.075} \] Calculating this gives: \[ M = 3800 \] ### Conclusion The marked price of the article is Rs 3800. ---
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