Multiple choice

After a discount of 23%, an article is sold for Rs. 1848. What is the marked price (in Rs.) of the article?

  1. 2150

  2. 2275

  3. 2350

  4. 2400
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

If the discount is 23%, the selling price is 77% of the marked price. So, 0.77 * MP = 1848. MP = 1848 / 0.77 = 2400.

AI explanation

Using the marked price formula, Selling Price equals Marked Price multiplied by (1 minus Discount Rate divided by 100). Substituting the given values, 1848 equals Marked Price multiplied by 0.77. Solving for the Marked Price, we divide 1848 by 0.77 to get Rs. 2400.

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