How to find the original price of a discounted item?
The amount of reduction on the list or marked price to sell the product at a lower price is called a discount
The original price is known as the marked price of an item
Answer: To find the original price of a discounted item, we require the selling price of the item, and the discount percent.
Let's look into the relationship between discount, selling price, and marked price
Marked Price = Selling Price + Discount
The original price is referred as the marked price.
The list price or marked price of any product is decreased by some percentage to decrease its selling price, which is called the discount percentage or discount rate
Marked Price = Selling Price /(100 - Discount Percentage) × 100