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Pari marked a toy at 65% above the cost price of ₹6,580. If she offers a discount of 25% on the marked price and customer pays ₹P for the toy, th
Question

Pari marked a toy at 65% above the cost price of ₹6,580. If she offers a discount of 25% on the marked price and customer pays ₹P for the toy, the value of P is:

A.

₹8,000

B.

₹8,142.75

C.

₹9,000

D.

₹7,966.50

Correct option is B

Given:

Cost Price (CP) = ₹6,580

Marked Price = 65% above CP

Discount offered = 25% on Marked Price

Formula Used:

Marked Price = CP × (1 + Markup%)

Selling Price = Marked Price × (1 – Discount%)

Solution:

Marked Price = 6,580 × (​1 +65100\frac{65}{100}​)

= 6,580 × 165100\frac{165}{100}​​
= 6,580 × 1.65
= ₹10,857

Selling Price = 10,857 × (1 – 25100\frac{25}{100}​)
= 10,857 × 75100\frac{75}{100}​​
= 10,857 × 0.75
= ₹8,142.75

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