Question : A shopkeeper sold a book at a marked price of Rs. 1400 at a discount of 28%. Find the selling price of the book.
Option 1: Rs. 2000
Option 2: Rs. 1008
Option 3: Rs. 2500
Option 4: Rs. 1500
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Correct Answer: Rs. 1008
Solution : The marked price (MP) = Rs. 1400 Discount = 28% Now, the selling price (SP) = MP × $\frac{(100-\text{discount percentage})}{100}$ = 1400 × $\frac{(100-28)}{100}$ = 1400 × $\frac{72}{100}$ = Rs. 1008 Hence, the correct answer is Rs. 1008.
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