Question:
A jacket was sold for Rs 1,120 after allowing a discount of 20%. The marked price of the jacket is:
(a) Rs 1440
(b) Rs 1400
(c) Rs 960
(d) Rs 866.66
Solution:
(b) Rs. 1400
Explanation: Let marked price = x
Discount = 20%
Selling price = 1120
Hence,
1120 = x â xĂ 20/100
1120 = x â x/5
1120 = 4x/5
x = (1120Ă5)/4 = 1400