Multiple choice

A shopkeeper offers a 15% discount on the marked price of a product. If the selling price after the discount is $85, what is the marked price?

  1. $95
  2. $100
  3. $110
  4. $120
  5. $130
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The selling price is 85% of the marked price because of the 15% discount. Setting up the equation 0.85 * M = 85, we find M = 85 / 0.85 = 100.

AI explanation

Using the marked price formula, Selling Price = Marked Price - (Discount Percentage of Marked Price). Let the marked price be M. The selling price is \$85 after a 15% discount, meaning the selling price represents 85% of the marked price, so 0.85M = 85. Dividing both sides by 0.85 gives M = \$100.