Multiple Choice Questions on An article was sold for Rs 1 190 after allowing a discount of 15 If 12 5 discount is given then for ........... for SSC (MTS) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    An article was sold for Rs 1,190 after allowing a discount of 15%. If 12.5% discount is given. then for how much should it be sold?

    This questions was previously asked in
    SSC MTS 13th October 2021 Shift-3

    Rs 1,200

    Incorrect Answer

    Rs 1,220

    Incorrect Answer

    Rs 1,325

    Incorrect Answer

    Rs 1,225

    Correct Answer
    Explanation:

    - The original selling price before the discount is included.

    - With a 15% discount, the selling price is Rs 1,190.

    - The formula for the selling price with a discount: Selling Price = Original Price - (Discount Percentage * Original Price).

    - The original price (O) can be calculated as: O - 0.15 * O = 1,190.

    - This simplifies to O = 1,190 / 0.85 = Rs 1,400.

    - Now, applying a 12.5% discount on Rs 1,400: New Selling Price = 1,400 - (0.125 * 1,400).

    - This equals Rs 1,400 - Rs 175 = Rs 1,225.

    - Option 4: Rs 1,225 is the correct answer.

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