A shopkeeper has announced 14% rebate on the marked price of an article. If the sellingprice of the article is ₹688, then the marked price of the article will be:

Correct option is D

​Given:

Rebate = 14%

Selling price = ₹688

Formula Used:

Selling price = $$\text{Marked price} \times \left(1 - \frac{\text{Rebate percentage}}{100}\right)$$​​

Solution:

Substitute the known values into the formula:

$$688 = \text{Marked price} \times \left(1 - \frac{14}{100}\right)$$​​

​$$688 = \text{Marked price} \times 0.86$$​​

Marked price = $$\frac{688}{0.86}$$​ = ₹800