The marked price of an article is Rs.640. If a discount of 37.5 percent is given, then what will be the selling price of the article?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. Rs. 400.
The discount is 37.5% of the marked price, which is Rs. 640
Discount =
⇒ 0.375 × 640 = 240
Selling Price (SP) = 640 - 240 = 400
Hence the selling price of the article is Rs. 400.