Multiple choice

After allowing a discount of 7.5% on marked price, an article is sold for Rs 555. Then marked price is

  1. Rs 600

  2. Rs500

  3. Rs550

  4. Rs660

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A 7.5% discount means the selling price is 92.5% of the marked price. Thus 0.925 x marked price = 555, giving a marked price of 600 rupees.

AI explanation

Using the marked price formula MP = (SP × 100) / (100 - Discount %), we substitute the given values. This yields (555 × 100) / 92.5, which results in a marked price of Rs. 600.