Profit & Loss · Question 3 · Easy

A jacket is marked at ₹1,200 and sold at a discount of 15%. What is its selling price?

  1. ₹1,000
  2. ₹1,080
  3. ₹1,020
  4. ₹1,050
Answer and explanation

Answer: C. ₹1,020

Explanation: Discount = 15% of ₹1,200 = ₹180, so SP = ₹1,200 − ₹180 = ₹1,020.

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