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Multiple choice

A trader allows a discount of 8% on marked price. If the selling price is Rs. 667, the discount in rupees is:

  1. Rs. 47

  2. Rs. 54

  3. Rs. 58

  4. Rs. 43

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

Let Marked Price be MP. Selling Price = MP - 0.08*MP = 0.92*MP = 667. MP = 667 / 0.92 = 725. Discount = 725 - 667 = 58.

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