The marked price of a chair is Rs 650 and a discount of 40% is given. What is the selling price (in Rs) of the chair?

Options

A. 390
B. 440
C. 480
D. 520

Answer

To find the selling price of the chair after applying the discount, we can follow these steps:

### Step 1: Identify the Marked Price and Discount Rate
- The marked price (MP) of the chair is given as Rs 650.
- The discount rate is given as 40%.

### Step 2: Calculate the Discount Amount
- To find the discount amount, we use the formula:
\[ \text{Discount} = \text{Marked Price} \times \left(\frac{\text{Discount Rate}}{100}\right) \]
- Plugging in the values:
\[ \text{Discount} = 650 \times \left(\frac{40}{100}\right) = 650 \times 0.40 = 260 \]

### Step 3: Calculate the Selling Price
- The selling price (SP) can be calculated by subtracting the discount from the marked price:
\[ \text{Selling Price} = \text{Marked Price} - \text{Discount} \]
- Substituting the values:
\[ \text{Selling Price} = 650 - 260 = 390 \]

### Conclusion
- The selling price of the chair is Rs 390.

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