Multiple choice

A shopkeeper buys an article for Rs. $450$. He marks it at $20\%$ above the cost price. The selling price, if he sells the article at 10% discount, is:

  1. Rs. $263$
  2. Rs. $325$
  3. Rs. $400$
  4. Rs. $486$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Marked Price = 450 * 1.20 = 540. Selling Price = 540 * 0.90 = 486.

AI explanation

The marked price is 20% above the cost price, calculated as 450 + (20/100 * 450) = 540. The selling price is determined by applying a 10% discount to this marked price, yielding 540 - (10/100 * 540) = 486. The selling price is Rs. 486.