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The selling price of an article is Rs. 8...

The selling price of an article is Rs. 816 if the discount on it is 15%. What would be the selling price of the article (in Rs.) if the discount on it is 25% ?

A

750

B

720

C

800

D

700

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's first understand the relationship between the selling price, the marked price, and the discount. ### Step 1: Understand the given information We know that: - Selling Price (SP) = Rs. 816 - Discount = 15% ### Step 2: Calculate the Marked Price (MP) The selling price can be calculated using the formula: \[ SP = MP - (Discount \times MP) \] This can be rewritten as: \[ SP = MP \times (1 - \text{Discount Rate}) \] Where the discount rate is expressed as a decimal. For a 15% discount, the discount rate is 0.15. Substituting the values we have: \[ 816 = MP \times (1 - 0.15) \] \[ 816 = MP \times 0.85 \] Now, we can solve for the Marked Price (MP): \[ MP = \frac{816}{0.85} \] \[ MP = 960 \] ### Step 3: Calculate the Selling Price with a 25% Discount Now, we need to find the selling price when the discount is 25%. The discount rate for 25% is 0.25. Using the same formula for selling price: \[ SP = MP \times (1 - \text{Discount Rate}) \] Substituting the new discount rate: \[ SP = 960 \times (1 - 0.25) \] \[ SP = 960 \times 0.75 \] \[ SP = 720 \] ### Final Answer The selling price of the article if the discount is 25% would be Rs. 720. ---
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