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Question : A man sold an article for Rs. 450 after allowing a discount of  $16\tfrac{2}{3}$% on the printed price. What was that printed price?

Option 1: Rs. 525

Option 2: Rs. 530

Option 3: Rs. 535

Option 4: Rs. 540


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 7th Jan, 2024

Correct Answer: Rs. 540


Solution : Given: An article was sold for Rs. 450 after a discount of $16\tfrac{2}{3}$% on the marked price.
Selling price = $\frac{100-\text{Discount%}}{100}×$ marked price
⇒ $450 = \frac{100-16\frac{2}{3}}{100}×$ marked price
⇒ marked price $=\frac{45000}{\frac{250}{3}}=540$
Hence, the correct answer is Rs. 540.

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