After giving a discount of 25 percent a cycle is sold for Rs. 7200. What is…

2024

After giving a discount of 25 percent a cycle is sold for Rs. 7200. What is the marked price of the cycle?

  1. A.

    Rs. 9500

  2. B.

    Rs. 10000

  3. C.

    Rs. 9000

  4. D.

    Rs. 9600

Attempted by 69 students.

Show answer & explanation

Correct answer: D

To find the marked price of the cycle, we can use the relationship between the marked price, the discount percentage, and the final selling price.

Step-by-Step Calculation
Understand the relationship:
When a discount is applied, the selling price is the marked price minus the discount amount.
Selling Price = Marked Price - (Discount Percentage × Marked Price)
Alternatively, Selling Price = Marked Price × (1 - Discount Percentage)

Define the known values:

Selling Price = Rs. 7,200

Discount Percentage = 25% (or 0.25)

Let the Marked Price be M.

Set up the equation:
7,200 = M × (1 - 0.25)
7,200 = M × 0.75

Solve for M:
M = 7,200 / 0.75
M = 9,600

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