If the selling price of ₹276 results in a discount of 8% on the marked price of an item, at what price…
A discount of 8 percent means the selling price is 92 percent of the marked price, so \(MP=\frac{276}{0.92}=300\). At a 13 percent discount the selling price becomes…
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If the selling price of ₹276 results in a discount of 8% on the marked price of an item, at what price should the item be sold to offer a discount of 13%?
Answer and explanation
Correct answer D
A discount of 8 percent means the selling price is 92 percent of the marked price, so . At a 13 percent discount the selling price becomes . This equals ₹261.
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