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Question
A jacket was sold for Rs 1,120 after allowing a discount of 20%. The marked price of the jacket is ______.
Options
Rs 1440
Rs 1400
Rs 960
Rs 866.66
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Solution
A jacket was sold for Rs 1,120 after allowing a discount of 20%. The marked price of the jacket is Rs 1400.
Explanation:
Let the marked price of the jacket be Rs. x.
Discount % on marked price = 20%
Selling price of jacket = Rs 1120
Then, `1120 = x - x xx 20/100`
⇒ `1120 = x - x/5`
⇒ `1120 = (4x)/5`
⇒ `x = (1120 xx 5)/4`
= 280 × 5
= Rs 1400
So, marked price of the jacket is Rs 1400.
Hence, Rs 1400
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