A product is marked at Rs. 8000 and sold at a discount of 15%. What is the selling price?
Show answer & explanation
Correct answer: A
Explanation
Given:
Marked Price = 8000
Discount = 15%
Formula:
Selling Price = Marked Price × (100 − Discount)% / 100
Selling Price = 8000 × (100 − 15) / 100 = 6800