7. The marked price of an item is 200.If the shopkeeper allows a discount of 12%, then the selling price of item is A) ₹134 B) ₹176 C) ₹188 D) ₹212
Answers
Given :- The marked price of an item is ₹200. If the shopkeeper allows a discount of 12% .
To Find :- The selling price of item is :-
A) ₹134 B) ₹176 C) ₹188 D) ₹212
Solution :-
→ MP = ₹200
→ Discount = 12%
since discount is given on MP .
So,
→ Total discount = 12% of ₹200 = (12 * 200)/100 = ₹24
then,
→ SP = MP - Discount
→ SP = 200 - 24
→ SP = ₹176 (B) (Ans.)
Hence, the selling price of the item is ₹176 .
Direct Formula :-
→ SP = MP * (100 - Discount %)/100
→ SP = {200 * (100 - 12)}/100
→ SP = (200 * 88)/100
→ SP = 2 * 88
→ SP = ₹176 (B) (Ans.)
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