To calculate the List Price:
\[ LP = \frac{SP}{1 - \frac{D}{100}} \]
Where:
The list price is the original price of a product before any discounts are applied. It is the price that is typically displayed to customers before any sales or promotions are taken into account.
Let's assume the following values:
Using the formula:
\[ LP = \frac{80}{1 - \frac{20}{100}} = 100 \]
The List Price is $100.
Let's assume the following values:
Using the formula:
\[ LP = \frac{150}{1 - \frac{25}{100}} = 200 \]
The List Price is $200.