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If a shopkeeper sells an item for $120 after giving a discount of 20%, what was

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Question: If a shopkeeper sells an item for $120 after giving a discount of 20%, what was the marked price?

Options:

  1. $140
  2. $150
  3. $160
  4. $170

Correct Answer: $150

Solution: 

Let the marked price be x. Selling Price = Marked Price - Discount = x - 0.20x = 0.80x. So, 0.80x = 120. Therefore, x = 120 / 0.80 = 150.

If a shopkeeper sells an item for $120 after giving a discount of 20%, what was

Practice Questions

Q1
If a shopkeeper sells an item for $120 after giving a discount of 20%, what was the marked price?
  1. $140
  2. $150
  3. $160
  4. $170

Questions & Step-by-Step Solutions

If a shopkeeper sells an item for $120 after giving a discount of 20%, what was the marked price?
  • Percentage Calculation – Understanding how to calculate discounts and selling prices based on marked prices.
  • Algebraic Manipulation – Using algebra to solve for unknown variables in equations.
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