A laptop is sold for ?54,000 after giving a discount of 20%. What is the list price (in ?) of the laptop?
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Explanation:
To find out the list price, let's consider these points:
- The selling price after a 20% discount is ?54,000.
- 20% discount implies the selling price is 80% of the list price.
- Let the list price be denoted as 'P'.
- 80% of P equals ?54,000.
Formulate the equation:
\[
0.8 \times P = 54,000
\]
Solve for P:
\[
P = \frac{54,000}{0.8} = 67,500
\]
Options:
1. 69,500: This would imply a different discount or list price calculation.
2. 67,500: Matches the calculated list price.
- Correct Answer
3. 70,000: Indicates a smaller effective discount.
4. 64,800: Indicates a larger effective discount.
By: Parvesh Mehta ProfileResourcesReport error