Question

A shopkeeper has announced 14% rebate on the marked price of an article. If the selling price of the article is ₹688, then the marked price of the article will be:

• A. ₹600
• B. ₹500
• C. ₹700
• D. ₹800

Answer 1

Answer:

D. ₹800

The marked price of the article is ₹800.

* Identify the given values:

* Selling Price (SP) = ₹688

* Rebate (Discount) = 14%

* Set up the formula:

$\text{Selling Price} = \text{Marked Price} \times (100\% - \text{Discount}\%)$

* Substitute the values:

$688 = \text{Marked Price} \times (100\% - 14\%)$

$688 = \text{Marked Price} \times 86\%$

$688 = \text{Marked Price} \times 0.86$

* Solve for Marked Price:

$\text{Marked Price} = \frac{688}{0.86}$

$\text{Marked Price} = 800$