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
Answer (1)
16th Jan, 2024
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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