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Question : A shopkeeper gives a discount of 15% on the marked price. If the selling price is INR 19,040, then the discount on it will be:

Option 1: INR 3,360

Option 2: INR 3,850

Option 3: INR 3,260

Option 4: INR 3,600


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: INR 3,360


Solution : Given, Selling Price = INR 19,040
Discount = 15%
We know, Selling price = $\frac{100-\text{Discount}\%}{100}×$ Marked price
$⇒19040=\frac{100-15}{100}×$ Marked price
$⇒$ Marked price $= \frac{19040×100}{85}$
$⇒$ Marked price $= 22400$
Discount = Marked price – Selling price = INR 22400 – INR 19040 = INR 3,360
Hence, the correct answer is INR 3,360.

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