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A pen is sold at a discount of 36.36%. I...

A pen is sold at a discount of 36.36%. If the marked price of the pen is Rs 14300, then what is the selling price of the pen?

A

860

B

9100.5

C

10200

D

11700

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of the pen after applying the discount, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Given Values:** - Marked Price (MP) = Rs 14,300 - Discount = 36.36% 2. **Calculate the Discount Amount:** - The discount amount can be calculated using the formula: \[ \text{Discount Amount} = \text{Marked Price} \times \left(\frac{\text{Discount Percentage}}{100}\right) \] - Substituting the values: \[ \text{Discount Amount} = 14,300 \times \left(\frac{36.36}{100}\right) \] - Calculating the discount amount: \[ \text{Discount Amount} = 14,300 \times 0.3636 = 5,200.68 \] 3. **Calculate the Selling Price (SP):** - The selling price can be calculated by subtracting the discount amount from the marked price: \[ \text{Selling Price} = \text{Marked Price} - \text{Discount Amount} \] - Substituting the values: \[ \text{Selling Price} = 14,300 - 5,200.68 \] - Calculating the selling price: \[ \text{Selling Price} = 9,099.32 \] 4. **Final Result:** - The selling price of the pen is approximately Rs 9,100.5.
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