Multiple choice

A shopkeeper marks up his wages by 60% and offers 25% discount. What will be the selling price (in Rs.), if the cost price is Rs. 1,600?

  1. 1,920

  2. 2,000

  3. 2,120

  4. 2,200

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Marked price = 1600 * 1.60 = 2560. Discount = 25% of 2560 = 640. Selling price = 2560 - 640 = 1920.

AI explanation

To find the selling price, first calculate the marked price by adding the 60% markup to the cost price, which is 1600 + 960 = 2560. Then apply the 25% discount by multiplying the marked price by 75%, yielding 2560 * 0.75 = 1920.