If the marked price of an item is Rs $1500$ and the discount is $20\%$, the selling price is:
Practice this question from Chapter Mock 4: Profit and Loss, with options and an explanation.
Question
If the marked price of an item is Rs $1500$ and the discount is $20\%$, the selling price is:
Option A
Rs 1150
Option B
Rs 1180
Option C — Correct answer
Rs 1200
Correct choice.
Option D
Rs 1250
Explanation
Selling price $=1500\times0.8=1200$.