After allowing 15% discount, a dealer wishes to sell a machine for ₹1,22,700. At what price must the machine be marked?
(Consider up to two decimals)
Answer & explanation
Correct answer: option 2
Discount of 15% means ,
85% of the marked price = 1,22,700
then, 100% of the marked price = 1,22,700 × \(\frac{85}{100}\) = ₹1,44,352.94