New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A bike is sold for ₹87,500 by allowing a discount of

    44% on its marked price. The marked price (in ₹) of the bike is:
    A 1,56,100 Correct Answer Incorrect Answer
    B 1,58,225 Correct Answer Incorrect Answer
    C 1,56,250 Correct Answer Incorrect Answer
    D 1,55,500 Correct Answer Incorrect Answer

    Solution

    We know that, Discount = Marked Price – Selling Price.  And Discount Percentage = (Discount/Marked price) x 100. ATQ: 0.44 MP = MP - 87500 MP - 0.44MP = 87500 0.56MP = 87500 MP = 87500/0.56 = 156250

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