Find the MP, if SP=Rs. 495 and Discount %=1%

Aylin Fernandez

Aylin Fernandez

Answered question

2023-02-15

Find the MP, if SP=Rs. 495 and Discount %=1%

Answer & Explanation

Jay Moyer

Jay Moyer

Beginner2023-02-16Added 4 answers

Explanation:
Selling price (SP) =Rs. 495
Discount %=1%
Let the marked price be Rs. x
Selling price = M a r k e d   p r i c e D i s c o u n t % 100 × M P
495 = x 1 100 × x
495 = 100 x x 100
495 = 99 x 100 [by cross - multiplication]
99 x = 49500
x = 500
Thus, the price indicated is Rs. 500

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