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A saree bought for ₹ 500 is marked at 16% profit and later on sold at a sales discount of x% on the marked price. If the selling price of the saree is
Question

A saree bought for ₹ 500 is marked at 16% profit and later on sold at a sales discount of x% on the marked price. If the selling price of the saree is ₹493, find the value of x.

A.

18

B.

16

C.

17

D.

15

Correct option is D

Given:

Cost Price (CP) = ₹500
Profit Percentage = 16%
Selling Price (SP) = ₹493
Sales Discount = x%
Solution:

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