An article marked at Rs. $1{,}600$ is sold at a discount of $\dfrac{1}{8}$ of the marked price. The selling…

An article marked at Rs. $1{,}600$ is sold at a discount of $\dfrac{1}{8}$ of the marked price. The selling price is
  1. Rs. $1{,}200$
  2. Rs. $1{,}350$
  3. Rs. $1{,}400$
  4. Rs. $1{,}500$

Solution

Discount $= \dfrac{1}{8} \times 1600 = 200$. SP $= 1600 - 200 = 1400$.

Asked in: IMO

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