(B) Let the marked price be $MP$.Given that a discount of $Rs. 42$ is allowed,the selling price $(SP)$ is $SP = MP - 42$.It is also given that the new

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(B) Let the marked price be $MP$.Given that a discount of $Rs. 42$ is allowed,the selling price $(SP)$ is $SP = MP - 42$.It is also given that the new reduced price is $86 \%$ of the marked price,so $SP = 0.86 \times MP$.Equating the two expressions for $SP$:$MP - 42 = 0.86 \times MP$$MP - 0.86 \times MP = 42$$0.14 \times MP = 42$$MP = \frac{42}{0.14} = \frac{4200}{14} = 300$.Thus,the marked price is $Rs. 300$.

Competitive Quantitative Aptitude Discount (True and Banker’s)Discount (True and Banker’s)

Medium

When a discount of $Rs. 42$ is allowed on the marked price of an article,the new reduced price becomes $86 \%$ of the original marked price. Find the marked price (in $Rs.$).

A
$250$
B
$300$
C
$350$
D
$400$

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Discount (True and Banker’s)

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Discount (True and Banker’s)

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When a discount of $Rs. 42$ is allowed on the marked price of an article,the new reduced price becomes $86 \%$ of the original marked price. Find the marked price (in $Rs.$).

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