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If the selling price of an item is Rs 1000 after getting a discount of 20%, then what was the marked price (in Rs)?
- A1200
- B1250
- C800
- D1400
Answer not set
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CCommunity
Selling price = Marked price - discount price
⇒ 1000 = MP - 20% of MP
⇒ 1000 = MP - 0.2MP
⇒ 0.8MP = 1000
⇒ MP = 1000/0.8 = 1250
∴ Marked price of item = Rs. 1250
⇒ 1000 = MP - 20% of MP
⇒ 1000 = MP - 0.2MP
⇒ 0.8MP = 1000
⇒ MP = 1000/0.8 = 1250
∴ Marked price of item = Rs. 1250