Question : An item with a marked price of Rs.1,940 was sold at a discount of 15%. At what price (in Rs.) was the item sold?
Option 1: 1659
Option 2: 1639
Option 3: 1649
Option 4: 1654
Correct Answer: 1649
Solution : The selling price of an item after a discount = Marked price – Discount The discount is usually a percentage of the marked price. In this case, the discount is 15% of Rs.1,940. Discount = $\frac{15}{100}$ × 1940 = Rs. 291 Substituting the values into the formula, we get: Selling price = 1940 – 291 = Rs. 1649 Hence, the correct answer is 1649.
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