On a deal, the car dealer allowed 1% discount to a customer. If the discount allowed was Rs 4000, then what is the selling price of the car?
Answer & explanation
Correct answer: option 4
1% discount = RS 4000
$\frac{1}{100}$ x Marked price = 4000
Marked price = 4000000
Selling price = $\frac{99}{100}$ x 400000 = Rs 396000