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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