S.P. = Rs. 495 and discount = 1 % - Vidyadip

Question

$S.P. = Rs. 495$ and discount $= 1\%$

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Answer

Selling price $(SP) = Rs. 495$ Discount $\% = 1%$
Let the marked price be Rs. $x$
$\text{Selling price}=\text{Marked price}-\frac{\text{Discount}\%}{100}\times\text{Marked price}$
$495=\text{x}-\frac{1}{100}\times\text{x}$
$495=\text{x}-\frac{100\text{x}-\text{x}}{100}$
$495=\text{x}-\frac{99\text{x}}{100}$
$99\text{x}=49500$
$\text{x}=500$
Hence, the marked price $= Rs. 500$

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