A boutique offers a premium camera at a 15% reduction from its listed price and sells it for Rs. 4,25,000. What was the camera's listed price before the reduction?
Correct Answer :
Rs. 5,00,000
Solution :
The correct option is Rs. 5,00,000.
Step 1: Understand the relationship between Listed Price, Discount, and Selling Price.
Let the listed price of the camera before reduction be rupees.
The discount offered on the camera is 15% of the listed price.
Since a 15% reduction is applied, the selling price represents 85% of the original listed price. We can write this relationship as:
Step 2: Substitute the given values into the equation.
The given selling price is Rs. 4,25,000.
Step 3: Solve for the Listed Price ().
Rearranging the formula to isolate :
First, simplify :
Next, multiply by 100:
Therefore, the camera's listed price before the reduction was Rs. 5,00,000.
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