Final answer:
The MRP of the TV is approximately $170.59.
Step-by-step explanation:
To find the MRP (Maximum Retail Price) of the TV, we need to reverse calculate the original price before the discount was applied. Let's assume the original price is M.
After a discount of 15%, the TV is sold for $145.00. This means that the selling price is 85% of the original price, or 0.85M.
Setting up an equation, we can solve for M:
- 0.85M = $145.00
- M = $145.00 ÷ 0.85
Calculating this, we find that M ≈ $170.59. Therefore, the MRP of the TV is approximately $170.59.