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A shop selling sewing machines offers $3 %$ discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs. 650.

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Rs.730.30

Rs.820.50

Rs.680.50

Rs.630.50

answer is B.

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Detailed Solution

Given,
Discount = 3%
Marked price (MP) = Rs.650
Discount percent is calculated as,

Discount % = Discount MP (100) ⇒ 3 = Discount 650 (100) ⇒ Discount = 19.50

Now, selling price (SP) is given by,

SP = MP − Discount ⇒ 650 − 19.50 ⇒ 630.50

Therefore, the selling price is Rs.630.50.
Therefore, option (2) is correct.

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