Question
Mathematics Question on Tax
Arun bought a pair of skates at a sale where the discount given was 20 %. If the amount he pays is Rs 1,600, find the marked price.
Answer
Let the marked price be x.
Discountpercent=MarkedpriceDiscount×100
20=xDiscount×100
Discount=10020×x=51x
Also,
Discount=Markedprice−Saleprice
51x=x−Rs1600
x−51x=Rs1600
54x=Rs1600
x = Rs (1600×45)=Rs2000
Thus, the marked price was Rs2000.