The marked price of an electronic watch in a store is ₹15,620 and it is available at a discount of 27%. What is the price (in ₹, to the nearest tens) that a customer pays if he buys from the store?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 11,400.
The marked price of the electronic watch (MP) = ₹15,620
Discount% = 27%
Discount = (Discount%/100) × MP = (27/100) × 15620 = ₹4,217.40
Selling price = Marked price - Discount
= 15620 - 4217.40
= ₹11,402.60
= ₹11,400 (the nearest tens)
So, the customer pays ₹11,400.