A trader allows a 15% discount on the marked price of an item. If the marked price is Rs. 1200, what is the selling price?

Topic: Profit and Loss
Subtopic: Discount

ARs. 980

BRs. 1020

CRs. 1050

DRs. 1080

Explanation

Discount = 15% of 1200 = 0.15 * 1200 = Rs. 180. Selling Price = 1200 – 180 = Rs. 1020.

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