Question

A shopkeeper sells an article for Rs. 248.50 after allowing a discount of 10%. Find the list price of the article.

Answer 1

S.P. of the article = Rs.248.50

Discount = 10%

Let M.P. = Rs.100

Discount =`10/100xx"Rs."100` = Rs.10

Selling price = Rs.100 − Rs.10 = Rs.90

If S.P. is Rs.90; then M.P. = Rs.100

If S.P. is Rs.1; then M.P. = Rs.`100/90`

If S.P. is Rs.248.50; then M.P. = Rs.`100/90xx248.50`

= Rs.`(100xx248.50)/90`

= Rs.`24850/90`

= Rs.276.11 (Approx)