Question

A shopkeeper sells an article for Rs. 248.50 after allowing a discount of 10%. Find the list price of the article.

Answer 1

The list price of the article is Rs. 276.11

Step-by-step explanation:

To find the list price of the article, we need to first determine the original price before the discount was applied.

We can use the formula:

List price = Sale price / (1 - Discount percentage)

Here, the sale price is Rs. 248.50 and the discount is 10%.

Substituting these values into the formula:

List price = 248.50 / (1 - 0.10)

= 248.50 / 0.90

= Rs. 276.11