Discussion Forum



1)

Find the cost of:

Rs. 7400, 10% stock at 15 discount.


A) 6200

B) 6280

C) 6290

D) 7000

Answer:

Option C

Explanation:

Cost of Rs. 100 stock = Rs. (100 - 15) = Rs. 85.

Cost of Rs. 6400 stock = Rs.(85/100) x 7400=6290