Question : At a 20% discount the selling price of an article is Rs. 2,400, what is the selling price (in Rs.) if the discount is 32.5%?
Option 1: 2,125
Option 2: 2,225
Option 3: 2,025
Option 4: 2,325
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Correct Answer: 2,025
Solution :
Selling price of an article = Rs. 2,400
So, $\frac{(100-20)}{100} \times$ Marked price = Rs. 2,400
$\therefore$ Marked price = $\frac{2400 \times 100}{80}$ = Rs. 3,000
If a 32.5% discount is allowed then,
Selling price = $\frac{100 − 32.5}{100} \times 3000=\frac{67.5}{100}\times3000 =2025$
Hence, the correct answer is 2,025.
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