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The marked price of an article is Rs. 640. If discount of 37.5 percent is given, then what will be the selling price of the article?
Question

The marked price of an article is Rs. 640. If discount of 37.5 percent is given, then what will be the selling price of the article?

A.

Rs. 600

B.

Rs. 450

C.

Rs. 400

D.

Rs. 550

Correct option is C

Given:
The marked price of the article is Rs. 640, and a discount of 37.5% is given.
Formula Used:
Discount Amount = (Discount % / 100) * Marked Price.
Selling Price = Marked Price - Discount Amount.
Solution:
Discount Amount = (37.5 / 100) * 640 = Rs. 240.00.
Therefore, the selling price of the article = 640 - 240.00 = Rs. 400.00.

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