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Profit, Loss & Discount · Question 40 of 72

Question 40

EasyOriginal question

A store takes ₹15 off every ₹100 of the marked price. Sandeep pays ₹1,105 for a jacket. What was its marked price?

Options for question 40

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. ₹15 off every ₹100 is a 15% discount, so SP = 85% of MP.

  2. MP = 1105×10085=13001105 \times \frac{100}{85} = 1300, that is ₹1,300.

Worth noting

Adding 15% of ₹1,105 gives ₹1,270.75. The discount is 15% of the MP, so divide by 0.85 instead.

Concept
Marked price from a discount rate
Typical time
45 s
Your time
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The rule this testsMarked price and discount
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