To determine the selling price of the shirt after a 20% discount, we can follow these steps:
- Identify the marked price: The marked price of the shirt is ₹500.
- Calculate the discount amount: The discount offered is 20%. To find the discount amount, use the formula:
\(\text{Discount Amount} = \left(\frac{\text{Discount Percentage}}{100}\right) \times \text{Marked Price}\)
Substituting the values:
\(\text{Discount Amount} = \left(\frac{20}{100}\right) \times 500 = 100\) - Calculate the selling price: Subtract the discount amount from the marked price to find the selling price.
\(\text{Selling Price} = \text{Marked Price} - \text{Discount Amount}\)
Substituting the values:
\(\text{Selling Price} = 500 - 100 = 400\)
Based on the calculations, the selling price of the shirt after a 20% discount is ₹400.
Thus, the correct answer is ₹400.
Similar Questions
- An item marked for ₹38,800 is available on a discount of 25% or two successive discounts of 10% and 15%. What is the difference between the selling prices in the discount schemes?
- A wholesaler gives a scheme discount of 10% on a marked price of ₹400. What is the selling price?
- Find a single discount equivalent to successive discounts of 5% and 20%.
- Find a single discount equivalent to successive discounts of 15% and 18%.
- A dealer offers successive discounts of 15% and 12% on a refrigerator marked at ₹25,000. What is the final selling price?
- How much percentage above the cost price should a shopkeeper mark his goods so that after allowing a discount 25% he should gain 12%?
- An article is marked for ₹720. If two successive discounts of 10% and 15% are allowed for sale, then the selling price of the article is:
- An electronics retailer offers two successive discounts of 7% and 10% on a TV priced at ₹48,000. What is the difference in the final price after applying two successive discounts compared to applying a flat discount of 17%?
- If on a marked price, the difference between selling prices with a discount of 45% and two successive discounts of 30% and 20% is ₹84, then the marked price is _______.
- A salesman offers 20% additional discount, after offering an initial discount of 25% on the labelled rate of a laptop. If the final sale price of the laptop is ₹18,000, then what was its labelled rate?
Important Questions from Discount and MP
The marked price of an article is Rs. 1500. A shopkeeper sells it by giving 20% discount on its marked price. If the cost price of the article is Rs. 991, then his profit (in Rs.) is:
Surbhi sold an article for Rs. 176 after giving 12% discount on its marked price. Had she not given any discount; she would have earned a profit of 25%. What is the cost price (in Rs.) of the article?
The marked price of an article is Rs. 240. A shopkeeper sells it by allowing 18% discount on its marked price and still gains 23%. What is the cost price (in Rs.) of the article?
Three shopkeepers A, B and C marked on an identical article at Rs. 4820. A, B and C sold their article on successive discounts of 20% and 20%; 25% and 15%; 30% and 10% respectively. Which shopkeeper gives the maximum discount and how much (in Rs.)?
Find a single discount percentage equivalent to successive discounts of 10%, 20% and 25%.
