A shirt bought for Rs. 270 is marked at 8% higher than the cost price and sold at 10% discount. What is the selling price (in Rs.) of the shirt?
Answer & explanation
Correct answer: option 2
Cost price of shirt = Rs. 270
Marked price = \(\frac{108}{100}\) × 270
= 291.6
Now, sold at 10% discount .
Selling price = \(\frac{90}{100}\) × 291.6
= \(\frac{9}{10}\) × 291.6
= Rs. 262.44