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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