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Question
If marked price of an article is Rs 1,200 and the discount is 12% then the selling price of the article is ______.
Options
Rs 1,056
Rs 1,344
Rs 1,212
Rs 1,188
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Solution
If marked price of an article is Rs 1,200 and the discount is 12% then the selling price of the article is Rs 1,056.
Explanation:
Given, marked price of an article = Rs. 1200
Discount % = 12%
Discount = Discount % on marked price
= `12/100 xx 1200`
= 12 × 12
= Rs. 144
Selling price = Marked price – Discount selling price
= Rs. 1200 – Rs. 144
= Rs. 1056
Hence, Rs 1,056
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