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Find SP when MP=160 and discount =12%?...

Find SP when MP=160 and discount =12%?

A

140.8

B

160.8

C

132.8

D

100

Text Solution

AI Generated Solution

The correct Answer is:
To find the Selling Price (SP) when the Marked Price (MP) is 160 and the discount is 12%, we can follow these steps: ### Step 1: Understand the relationship between MP, SP, and discount. The Marked Price (MP) is the original price of the product before any discount is applied. The Selling Price (SP) is the price after the discount has been applied. ### Step 2: Calculate the discount amount. To find the discount amount, we use the formula: \[ \text{Discount Amount} = \left(\frac{\text{Discount Percentage}}{100}\right) \times \text{MP} \] In this case, the discount percentage is 12% and the MP is 160. \[ \text{Discount Amount} = \left(\frac{12}{100}\right) \times 160 = 0.12 \times 160 = 19.2 \] ### Step 3: Calculate the Selling Price (SP). The Selling Price can be calculated using the formula: \[ \text{SP} = \text{MP} - \text{Discount Amount} \] Substituting the values we have: \[ \text{SP} = 160 - 19.2 = 140.8 \] ### Final Answer: The Selling Price (SP) is **140.8**. ---
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