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A shopkeeper allows a rebate of 12% on the marked price of an article such that the selling price is $ 440. Then the marked price of the article is
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- $ 490
- $ 500
- $ 600
- $ 550
Correct Option: B
Suppose Marked price of article = $ y
Selling price = $ 440
∴ y × (100 – 12)% = 440
⇒ y × 88% = 440
⇒ y × | = 440 | 100 |
⇒ y = | = $ 500 | 88 |