Question

A bedsheet marked price Rs. 400. The shop owner offers a discount of 15% on it. What is the net cost of the bedsheet?
1. 415
2. 385
3. 460
4. 340

Answer 1

Correct Answer - Option 4 : 340

Given:

Marked price of bedsheet = Rs. 400

Discount = 15%

Formula used:

New cost price = Marked price - discount% on Marked price

Calculation:

New cost = 400 - 15% of 400 = 400 - 60 = Rs. 340

∴ New cost of the bedsheet after discount = Rs. 340