The marked price of the wrist watch after the trader sold a wrist watch for $3150 after giving a 10% discount is $3500.
First, let us understand the percentage:
A percentage is a fraction of a whole expressed as a number between 0 and 100. Nothing is zero percent, everything is 100 percent, half of everything is fifty percent, and nothing is zero percent.
To determine a percentage, we need to divide the portion of the whole by the whole itself and multiply by 100.
Let the marked price be x.
So,
According to the question;
x - x * 10% = 3150
x - x * 10/100 = 3150
100x - 10x / 100 = 3150
90x = 3150 * 100
x = 3150 * 100 / 90
x = 3500
So, the marked price is $3500.
Thus, the marked price of the wrist watch after the trader sold a wrist watch for $3150 after giving a 10% discount is $3500.
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