Question : An item with a marked price of INR 3,800 was sold for INR 3,496 after a discount of $y$% was offered. What was the value of $y$?
Option 1: 7.5%
Option 2: 8.5%
Option 3: 8%
Option 4: 7%
Correct Answer: 8%
Solution :
An item with a marked price of INR 3,800 was sold for INR 3,496 after a discount of $y$% was offered.
Given,
Marked Price = INR 3,800
Selling Price = INR 3,496
Discount = Marked price -– Selling price
= INR 3800 - INR 3496
= INR 304
Discount percentage = $\frac{304}{3800}\times 100$
Discount percentage = 8%
Hence, the correct answer is 8%.
Related Questions
Know More about
Staff Selection Commission Sub Inspector ...
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Get Updates Brochure
Your Staff Selection Commission Sub Inspector Exam brochure has been successfully mailed to your registered email id “”.
