The marked price of a ceiling fan is ₹3,250 and the shopkeeper allows a discount of 8% on it. What is the selling price of the fan?
Answer & explanation
Correct answer: option 4
The marked price of the ceiling fan = 3,250
Discount = 8%
Selling price of the Ceiling fan = 92% of MP
SP = 92 × \(\frac{3,250}{100}\) = ₹2,990