If the selling price of ₹276 results in a discount of 8% on the marked price…
2024
If the selling price of ₹276 results in a discount of 8% on the marked price of an item, at what price should the item be sold to offer a discount of 13%?
- A.
₹265
- B.
₹251
- C.
₹257
- D.
₹261
Attempted by 5 students.
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Correct answer: D
First, calculate the marked price using the initial selling price of ₹276 and an 8% discount. Dividing 276 by 0.92 yields a marked price of ₹300. Next, apply the new discount rate of 13% to this marked price. Multiplying 300 by 0.87 results in a new selling price of ₹261.