The marked price on an item was Rs 2000/- but the shopkeeper offered a discount of 20 percent. How much did he finally sell the item for?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs.1600
The marked price of the item = Rs. 2000
The shopkeeper offers a discount of 20%.
Selling Price = Marked Price - (Discount% × Marked Price)
S.P. = 2000 - (20% of 2000) = 2000 - 20(2000/100) = 2000 - 400 = Rs. 1600