Multiple choice

A shopkeeper marks his goods at such a price that would give him a profit of 10% after allowing a discount of 12%. If an article is marked Rs. 2250, find its: (1) Selling price

  1. 1980

  2. 1985

  3. 1970

  4. 1975
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The marked price is 2250. A discount of 12% means the selling price is 2250 * (1 - 0.12) = 2250 * 0.88 = 1980.

AI explanation

Using the formula Selling Price = Marked Price x (1 - Discount/100), we substitute the given marked price of 2250 rupees and the discount of 12%. Selling Price = 2250 x (1 - 0.12) = 2250 x 0.88. Multiplying 2250 by 0.88 yields 1980, so the selling price is 1980.

Keep practicing — related questions