If the marked price of an article is ₹7,895 and the discount offered is 4.2%, then the selling price (in ₹) is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 7,563.41.
Marked Price = ₹7,895
Discount = 4.2%
Discount amount = (4.2 / 100) × 7895 = ₹331.59
Selling Price = Marked Price - Discount
= 7895 - 331.59 = ₹7,563.41