Question Details

A furniture store listed a dining table set at Rs. 2,25,000. During a clearance sale, it was purchased for Rs. 1,35,000. What percentage reduction was offered from the listed price?

Options

A

30%

B

45%

C

40%

D

35%

Show Answer

Correct Answer :

Option C

40%

Solution :

The correct option is 40%.

Step 1: Identify the given values.
Listed Price (Original Price) = Rs. 2,25,000
Sale Price (Purchased Price) = Rs. 1,35,000

Step 2: Calculate the reduction in price.
The price reduction is the difference between the original listed price and the clearance sale price.

Reduction = Listed Price - Sale Price

Reduction = 2,25,000 - 1,35,000 = Rs. 90,000

Step 3: Calculate the percentage reduction.
The percentage reduction is calculated by taking the ratio of the price reduction to the listed price and multiplying by 100.

Percentage Reduction = Reduction Listed Price × 100

Substitute the values into the formula:

Percentage Reduction = 90,000 2,25,000 × 100

Simplify the fraction:

90,000 2,25,000 = 90 225 = 2 5

Now, calculate the percentage:

Percentage Reduction = 2 5 × 100 = 40 %

Therefore, a 40% reduction was offered from the listed price.

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