Correct Answer - Option 3 : 7% discount on marked price ₹500
Given:
As different Discount percentage is given as shown in the question
Formula used:
Discount = Discount% × Marked Price
Calculation:
⇒ 8% discount on marked price ₹400 = (400 × 8)/100 = ₹ 32
⇒12% discount on marked price ₹240 = (240 × 12)/100 = ₹ 28.8
⇒7% discount on marked price ₹500 = (500× 7)/100 = ₹ 35
⇒10% discount on marked price ₹320 = (320× 10)/100 = ₹ 32
∴ ₹ 35