If the selling price of Rs. 623 results in a discount of 11% on the market price of an item, at what…
An 11% discount means the selling price is 89% of the marked price, so \(MP = \frac{623}{0.89} = 700\). A 19% discount gives \(700\times0.81 = 567\) rupees.
Choose your answer
If the selling price of Rs. 623 results in a discount of 11% on the market price of an item, at what price should the item be sold to offer a discount of 19%?
Answer and explanation
Correct answer B
An 11% discount means the selling price is 89% of the marked price, so . A 19% discount gives rupees.
Practice for these exams
-
UGC NET Law
Subject revision
See pack details on LawMint.net -
UGC NET Paper I