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    Question

    A pen whose cost price is Rs 16 is marked a sale price 25% higher. It is then discounted by 25%. The net price of the pen is 

    A Rs 16 Correct Answer Incorrect Answer
    B Rs 15 Correct Answer Incorrect Answer
    C Rs 24 Correct Answer Incorrect Answer
    D Rs 20 Correct Answer Incorrect Answer

    Solution

    ATQ, Let's calculate the sale price first: The pen is marked for sale at a price 25% higher than the cost price: So, the net price of the pen after the discount is Rs 15.

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