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An article was sold at Rs 950 allowing 5 discount on...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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An article was sold at Rs. 950 allowing 5% discount on the marked price. The marked price of the article was = ?

Answer & Solution
Correct Answer: Option B
$$\eqalign{ & 5\% = \frac{{1 \leftarrow {\text{Discount}}}}{{20 \leftarrow {\text{Marked price}}}} \cr & {\text{So, Selling price}} = 19 \cr & \,\,\,\,\,{\text{MP}}\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{SP}} \cr & \mathop { \downarrow \times 50}\limits_{1000}^{20} \,\,\,\,\,\mathop {\,\,\,\,\,\,\,\,\,\, \downarrow \times 50}\limits_{950}^{19} \cr} $$
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