Quantitative Aptitude • Percentage, Profit & LossEasy
The marked price of a wristwatch is ₹700. A discount of 20% is given. What is the selling price?
A. ₹560✓ Correct Answer
B. ₹840
C. ₹140
D. ₹680
💡 Solution & Explanation
A discount is always taken on the marked price. Discount = 20% of ₹700 = ₹140. Selling price = ₹700 − ₹140 = ₹560. Shortcut: selling price = marked price × (100 − discount%) ÷ 100 = ₹700 × 80 ÷ 100.