The marked price of an item is Rs. 1200. A discount of 15% is offered. What is the selling price? MCQ with Answer and Explanation

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The marked price of an item is Rs. 1200. A discount of 15% is offered. What is the selling price?

A. Rs. 1050

B. Rs. 1020

C. Rs. 1100

D. Rs. 980

Answer: Option B

Solution (By JKSSB Mock Tests)

Discount = 15% of 1200 = 180. Selling Price = 1200 - 180 = 1020.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper gives 1 article free on the purchase of every 4 articles. He also allows an additional discount of 20%. Find his total net discount percentage.

A. 45%

B. 40%

C. 36%

D. 44%

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Correct Answer: Option C

Explanation:
Customer gets 5 articles but pays for 4. Discount from free item = (1/5) * 100 = 20%. Two successive discounts of 20% and 20%. Equivalent discount = 20 + 20 - (400/100) = 36%.

This question belongs to: Maths Profit And Loss