Question : A bike is sold for 87,500 by allowing a discount of 44% on its marked price. The marked price (in Rs.) of the bike is:
Option 1: 1,56,100
Option 2: 1,58,225
Option 3: 1,56,250
Option 4: 1,55,500
Correct Answer: 1,56,250
Solution :
Given: A bike is sold for 87,500 by allowing a discount of 44% on its marked price.
Let the marked price be $x$.
So, $x×\frac{100-44}{100} = 87500$
⇒ $x×\frac{56}{100}= 87500$
⇒ $x=\frac{8750000}{56}$
⇒ $x= 156250$
Hence, the correct answer is 1,56,250.
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