The price of a cooker with reduced by shilling 850 during the cell 17% represents a discount determine the selling price of the cooker and determine the marked price of the cooker

1 answer

Let the marked price of the cooker be P.

The price of the cooker with a 17% discount is P - 850.

17% of the marked price is 0.17P.

Therefore, the selling price of the cooker is P - 0.17P = 0.83P - 850.

Given that the selling price is P - 850, we have:

0.83P - 850 = P - 850
0.83P = P
0.17P = 850
P = 5000

So, the marked price of the cooker is shilling 5000.

The selling price of the cooker is:
0.83 x 5000 - 850 = shilling 4150.

Therefore, the selling price of the cooker is shilling 4150 and the marked price is shilling 5000.