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A company offers 5% discount on cash purchases. How much would Darshan pay, in cash, for a bike purchased from the company, if the marked price is Rs. 75,200?
1. Rs. 71,440
2. Rs. 74,000
3. Rs. 70,450
4. Rs. 72,540

1 Answer

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Best answer
Correct Answer - Option 1 : Rs. 71,440

Given:

Marked Price = Rs.75200

Discount Percent = 5% 

Formula used:

Selling Price = Marked Price × (100 - Discount)%

Calculation:

∴ Amount to be paid by Darshan in cash = Rs.75200 × (100 - 5)% 

⇒ Rs.75200 × 95/100 

⇒ Rs.71440

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