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