Question

If the marked price of an article is $\mathrm{Rs}.1,200$ and the discount is $12\%$ then the selling price of the article is:

• A. $\mathrm{Rs}.1,056$
• B. $\mathrm{Rs}.1,344$
• C. $\mathrm{Rs}.1,212$
• D. $\mathrm{Rs}.1,188$

Answer 1

The correct option is A

$\mathrm{Rs}.1,056$

Explanation of correct option:

Step 1: Calculate the discount based on the given information

It is given that, the marked price (MP) of an article $=\mathrm{Rs}.1,200$

And, the discount percentage $=12\%$

Then, the discount amount (in rupees) can be calculated as,

The discount amount $=12\%$ of MP

$\Rightarrow$ The discount amount $=12\%$ of $1200$

$\Rightarrow$ The discount amount $=\frac{12}{100}$$\times 1200$ $\mathrm{[}\mathrm{\because }\mathrm{}\mathrm{P}\mathrm{\%}\mathrm{=}\frac{\mathrm{P}}{\mathrm{100}}\mathrm{]}$

$\Rightarrow$ The discount amount $=144$

Step 2: Calculate the selling price

As we know, in the case of discounts,

Selling price $=$ marked price $-$ discount

So, on substituting the values of marked price and discount, we get,

Selling price $=1200-144$

$\Rightarrow$ Selling price $=1056$

Hence, option (A) $\mathrm{Rs}.1,056$ is the correct option.