A bike is sold for ₹87,500 by allowing a discount of 44\% on its marked price. What is the marked price (in ₹) of the bike?

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**Solution:**

1. Let the marked price be *M*.

2. Given discount is 44\% of the marked price, so discount amount = $0.44 	imes M$.

3. Selling price (SP) is marked price minus discount:
   $$SP = M - 0.44M = 0.56M$$

4. Given selling price is ₹87,500, so:
   $$87500 = 0.56M$$

5. Solve for *M*:
   $$M = \frac{87500}{0.56} = 156250$$

**Answer:** The marked price of the bike is ₹1,56,250.

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