Question : The marked price of one pen is Rs. 20. What will be the total selling price of 5 such pens after the discount of 5%?
Option 1: Rs. 100
Option 2: Rs. 90
Option 3: Rs. 95
Option 4: Rs. 105
Correct Answer: Rs. 95
Solution :
Given: The marked price of one pen is Rs. 20.
The discount on each pen = 5% of 20 = $\frac{5}{100}$ × 20 = 1
⇒ The discount on 5 pens = 5 × 1 = 5
The marked price (MP) of one pen = Rs. 20
⇒ MP of 5 pens = Rs. 20 × 5 = Rs. 100
The total selling price of 5 such pens after the discount of 5%
= Rs. 100 – Rs. 5
= Rs. 95
Hence, the correct answer is Rs. 95.
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