An article was sold at Rs. 950 allowing 5% discount on the marked price. The marked price of the article was = ?

A. Rs. 960

B. Rs. 1000

C. Rs. 955

D. Rs. 945

Answer: Option B

Solution(By Examveda Team)

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