John bought a laptop at a 2% discount on the marked price. If he paid ₹23,725 for the laptop, what was its marked price?

Explanation

Let the marked price of the laptop be ₹x. Since John received a 2% discount, he paid 98% of the marked price. So, 98% of x = ₹23,725 Step 1: Set up the equation 0.98 × x = 23725 Step 2: Solve for x x = 23725 / 0.98 x = 24209.18 Answer: The marked price of the laptop was approximately ₹24,209.18.