The M.P. of an item is ₹ 1600 and allowed adiscountof6%to the purchaser then SP is ……………
The M.P. of an item is ₹ 1600 and allowed adiscountof6%to the purchaser then SP is ……………
A) ₹ 1107
B) ₹ 1105
C) ₹ 504
D) ₹ 1504
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Correct option is (D) ₹ 1504
Discount = 6% of Rs 1600
\(=Rs(\frac6{100}\times1600)\)
= Rs 96
\(\therefore\) Selling price = Marked price - discount
= Rs (1600 - 96)
= Rs 1504
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