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    The list price of an article is ₹ 1,200 and a discount of 15% is offered on the list price. The selling price of the article is:
    Question

    The list price of an article is ₹ 1,200 and a discount of 15% is offered on the list price. The selling price of the article is:

    A.

    ₹ 1,140

    B.

    ₹ 1,020

    C.

    ₹ 1,120

    D.

    ₹ 1,080

    Correct option is B

    Given:

    List Price = ₹1200

    Discount = 15%

    Formula Used:

    Selling Price = List Price×(1Discount100)\text{List Price} \times \left(1 - \frac{\text{Discount}}{100}\right)​​

    Solution:

    S.P. = 1200×(115100)1200 \times \left(1 - \frac{15}{100}\right)​​

    1200×851001200 \times \frac{85}{100}​​

    = ₹1020

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