Question : When a discount of Rs. 42 is allowed on the Marked price of an article, the new reduced price becomes 86% of the original price. Find the Marked price.
Option 1: Rs. 250
Option 2: Rs. 300
Option 3: Rs. 350
Option 4: Rs. 400
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Correct Answer: Rs. 300
Solution :
Let the original Marked price be Rs. 100.
So, the discount is = (100 – 86) = Rs. 14
Now for the discount of Rs. 14, the original Marked price is = Rs. 100
Then for the discount of Rs .42, the original Marked price is = $(\frac{100×42}{14})$ = Rs. 300
Hence, the correct answer is Rs. 300.
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