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

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