A discount of $${\text{2}}\frac{1}{2}\% $$ is given to the customer on the marked price of an article. A man bought the article for Rs 39. The marked price of the article is = ?
A. Rs. 42
B. Rs. 36.50
C. Rs. 40
D. Rs. 41.50
Answer: Option C
Solution(By Examveda Team)
Discount = 2.5%\[ = \frac{{2.5}}{{100}} = \frac{1}{{40}}\begin{array}{*{20}{c}} { \to {\text{Discount}}} \\ {{\text{ }} \to {\text{Market Price}}} \end{array}\]
Market Price = Rs. 40
Discount = Rs. 1
Cost Price = 40 - 1 = Rs. 39
39 → 39 Actual Cost Price
40 → Rs. 40
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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