If a discount of 6% on the marked price of an item results in its selling price being Rs. 235, then at what price should the item be sold in order to allow a discount of 15%?
ARs. 199.5
BRs. 206.5
CRs. 212.5 ✓ Correct
DRs. 215
Correct answer: (C) Rs. 212.5
Explanation
The item should be sold for Rs. 212.5 at a 15% discount.
A 6% discount leaves 94% of the marked price as selling price.
So 0.94 x MP = 235, giving MP = 235 / 0.94 = 250.
A 15% discount leaves 85% of the marked price.
SP = 0.85 x 250 = 212.5.
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