The marked price of a ceiling fan is Rs3,250 and _ the shopkeeper allows a discount of 8% on it. What is the selling price of the fan?
(a) Rs3,070
(b) Rs2,590
(c) Rs3,270
(d) Rs2,990
The selling price (\(SP\)) of the ceiling fan after applying a discount can be calculated using the formula:
\[ SP = \text{Marked Price} – \left(\frac{\text{Discount Percentage}}{100} \times \text{Marked Price}\right) \]
Given that the marked price (\(MP\)) is Rs3,250 and the discount is 8%, we can substitute these values into the formula:
\[ SP = 3,250 – \left(\frac{8}{100} \times 3,250\right) \]
\[ SP = 3,250 – 260 \]
\[ SP = 2,990 \]
Therefore, the selling price of the ceiling fan, after applying an 8% discount, is Rs2,990.
