If the selling price is ₹2,886 after allowing a discount of 26% on the marked price, then the amount of discount is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹1,014.
Let marked price = M
Selling price = 2886
Discount = 26% of M
So, Selling price = M - 0.26M = 0.74M
0.74M = 2886
M = 2886 ÷ 0.74 = 3900
Discount = 26% of 3900 = 0.26 × 3900 = ₹1014