Question : If the selling price of an article is Rs. 816 and the discount on it is 15%, what would be the selling price of the article (in Rs.) if the discount on it is 25%?
Option 1: 750
Option 2: 720
Option 3: 800
Option 4: 700
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Correct Answer: 720
Solution : Let the marked price (MP) of the article be Rs. $x$. Selling Price = Marked Price × $\frac{100 - D}{100}$, where D is discount percentage. ⇒ $816 = x\times \frac{(100 -15)}{100}$ ⇒ $816 = 0.85x$ ⇒ $x= \frac{816}{0.85}$ ⇒ $x=$ Rs. 960 According to the question, If the discount is 25% then the selling price (SP) will be, $= 960 \times \frac{(100 -25)}{100}$ $= 960 \times \frac{75}{100}=$ Rs. 720 So, the selling price of the article will be Rs. 720, when the discount is 25%. Hence, the correct answer is 720.
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