Question : A watch is listed for Rs. 230 and sold at a discount of 12%. The selling price of the watch is:
Option 1: Rs. 27.60
Option 2: Rs. 276
Option 3: Rs. 202.40
Option 4: Rs. 257.60
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Correct Answer: Rs. 202.40
Solution : Marked Price = Rs. 230 Discount = 12% Selling Price = (100 – 12)% of 230 = 88% of 230 = $\frac{88 × 230}{100}$ = Rs. 202.40 Hence, the correct answer is Rs. 202.40.
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