A dealer allows a discount of 15%. A customer pays an amount of Rs. 318.75 for an article. At what price is the article listed ?

A. Rs. 366.50

B. Rs. 375.00

C. Rs. 350.00

D. Rs. 431.25

Answer: Option B

Solution(By Examveda Team)

$$15\% = \frac{3}{{20}},$$

Cost Price		Selling Price
$$\mathop { \downarrow \times 18.75}\limits_{375\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,}^{20\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,} $$		$$\mathop { \downarrow \times 18.75}\limits_{318.75\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,}^{17\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,} $$

Article listed price is Rs. 375.00