Multiple choice

A bike is sold for Rs. 87,500 by allowing a discount of 44% on its marked price. The marked price (in Rs.) of the bike is:

  1. 1,56,100

  2. 1,58,225

  3. 1,56,250

  4. 1,55,500
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selling price = Marked Price * (1 - discount_rate). 87500 = MP * (1 - 0.44) = MP * 0.56. MP = 87500 / 0.56 = 156250.

AI explanation

The selling price of an article after a discount is given by the formula Selling Price equals Marked Price multiplied by (100 percent minus Discount percent). Substituting the given values, 87,500 equals Marked Price multiplied by (100 percent minus 44 percent). This simplifies to 87,500 equals Marked Price multiplied by 56 percent, or 87,500 equals Marked Price multiplied by 0.56. Dividing 87,500 by 0.56 gives the marked price of 1,56,250 rupees.

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