By Mansi Yadav

Verified by Ajay Kumar

A product is sold for ₹8,800 after a 20% discount on its marked price y. Find y.

  1. ₹22,000

  2. ₹17,000

  3. ₹11,000

  4. ₹35,000

Answer: C

Solution

Solution: After a 20% discount, the selling price is 80% of the marked price. Thus, \(0.80y=8800\Rightarrow y=\frac{8800}{0.80}=11000\). Therefore, the marked price is ₹11,000. Trick: Divide the selling price by the remaining percentage, 80%.

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