On an item with marked price ₹180, 15% discount and a cashback of ₹25 is offered. The selling price of the item is ₹_____. 

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  1. 120
  2. 142
  3. 128
  4. 135

Answer (Detailed Solution Below)

Option 3 : 128
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Detailed Solution

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Given:

Marked Price (MP) = ₹180

Discount = 15%

Cashback = ₹25

Formula used:

Selling Price (SP) = Marked Price - Discount - Cashback

Discount = Marked Price × (Discount % / 100)

Calculation:

Discount = 180 × (15 / 100)

⇒ Discount = 180 × 0.15 = ₹27

SP = 180 - 27 - 25

⇒ SP = ₹128

∴ The correct answer is option (3).

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