On a 20% discount sale, an article costs 596. What was the original price of the article?
On a 20% discount sale, an article costs 596. What was the original price of the article?
Explanation
Given:
Discount = 20% and Selling price = 596
Formula used:
S.P = M.P × (100 - D%)/100
Where, S.P = Selling price, M.P = Marked price, D = Discount%
Calculation:
Let the marked price or original price of the article be y
S.P = M.P × (100 - D%)/100
⇒ 596 = y × (100 - 20)/100
⇒ 596 = y × (80/100)
⇒ y = 596/0.8
⇒ y = 745
∴ The original price of the article is Rs 745