The marked price of a watch is Rs 1250 and the shopkeeper allows 6% of discount on it. Find the selling price of watch.
[2 MARKS]
Concept : 1 Mark
Application : 1 Mark
Given that,
Marked Price =1250.
6% discount on MP
⇒6100×1250=Rs 75
SP = MP- Discount.
SP = Rs1250 - Rs 75.
SP = Rs 1175.
The selling price of watch is Rs 1175.