Question : The marked price of the book is INR 250 and it was sold at a discount of 12%. The selling price of the book is:
Option 1: INR 230
Option 2: INR 234
Option 3: INR 220
Option 4: INR 225
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Correct Answer: INR 220
Solution :
Given: Marked price = INR 250
Discount % = 12%
So, $12 = \frac{\text{Discount}}{250}\times 100$
⇒ $\text{Discount} = \frac{12\times250}{100}=30$
$\therefore$ Selling price = Marked price – Discount = 250 – 30 = 220
Hence, the correct answer is INR 220.
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