A dealer allows a discount of 15%. A customer pays an amount of Rs. 3…

Question

A dealer allows a discount of 15%. A customer pays an amount of Rs. 318.75 for an article. At what price is the article listed ?

Accepted Answer

Option B. Rs. 375.00. Answer & Solution Answer: Option B Solution: 15\% = 320, Cost Price Selling Price × 18.75 _375\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,^20\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, × 18.75 _318.75\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,^17\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\…

Cost Price		Selling Price
$375 ↓ \times 18.75 20$		$318.75 ↓ \times 18.75 17$