Question

In a sale, a discount of 15% was available on all the articles. If Vinit purchased an article for Rs. 4284 in the sale, what was the actual selling price of the article?
1. Rs. 5050
2. Rs. 5000
3. Rs. 5140
4. Rs. 4950
5. None of these

Answer 1

Correct Answer - Option 5 : None of these

Given

Cost price of the object Rs. 4284

Discount = 15%

Formula used

Profit = [(SP - CP)/CP ] × 100

CP = Cost price

SP = Selling price

Calculation

Actual selling price

⇒ Rs. \(\left( {\frac{{100}}{{85}} × 4284} \right)\) .= Rs. 5040

∴ Selling price Rs. 5040