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A tape recorder is sold at Rs 5,225 after being given a discount of 5%. What is its marked price?

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5500

5000

5400

5100

answer is A.

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Detailed Solution

Concept- Finding the market price of a tape recorder by using a unitary method.
Given: The discount is stated to be 5%. Thus, the discount on a purchase of Rs. 100 is Rs. 5.
Selling price

= 100 - 5 = 95

On a selling price of Rs 1, the marked price =

\frac{100 Rs}{95 Rs}

On a selling price of Rs 1, the marked price =

\frac{100}{95} \times 5, 225

= \frac{5, 25, 500}{95} = Rs . 5500

Hence, the correct option is 1

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