Quantitative Aptitude • Percentage, Profit & LossEasy
The marked price of a chair is ₹2,500. A discount of 5% is given. What is the selling price?
A. ₹2,375✓ Correct Answer
B. ₹2,495
C. ₹2,625
D. ₹125
💡 Solution & Explanation
A discount is always taken on the marked price. Discount = 5% of ₹2,500 = ₹125. Selling price = ₹2,500 − ₹125 = ₹2,375. Shortcut: selling price = marked price × (100 − discount%) ÷ 100 = ₹2,500 × 95 ÷ 100.
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