Multiple choice

A trader marks the products 25% above the cost price and allows a discount of 15%. If the cost price is Rs. 2,080, then the selling price is:

  1. Rs. 2,210

  2. Rs. 1,809

  3. Rs. 2,392

  4. Rs. 2,600
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost price = 2080. Marked price = 2080 * 1.25 = 2600. Selling price = 2600 * (1 - 0.15) = 2600 * 0.85 = 2210.

AI explanation

First, calculate the marked price by adding 25% to the cost price: 2080 times 1.25 equals 2600. Then apply the 15% discount using the formula Selling Price equals Marked Price times (1 minus Discount Percentage divided by 100). This gives 2600 times 0.85, which equals 2210. The selling price is Rs. 2,210.

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