Mohan saves Rs. 30 by getting 5% discount on an article. What is the amount of money paid by him?

Question

Mohan saves Rs. 30 by getting 5% discount on an article. What is the amount of money paid by him?

1. A. Rs. 580
2. B. Rs. 560
3. C. Rs. 570 (Correct answer)
4. D. Rs. 550

Correct Answer

Option C — Rs. 570

Detailed Solution & Explanation

The correct answer is Rs. 570.

Key Points

• Mohan saves Rs. 30 on a 5% discount.
• This means 5% of the original price = Rs. 30. So the original price = (30 x 100) / 5 = Rs. 600.
• The amount paid = Original price - Discount = 600 - 30 = Rs. 570.
• Alternatively: he pays 95% of the original price = 0.95 x 600 = Rs. 570.