There was 29% off on bags. A lady bought a bag and got 12% discount for paying in cash. She paid ₹312.40. What is the price tag (in ₹) on the bag?
Let Marked price of the bag Rs. x
Initial off on the bags = 29%
Discount for paying in cash = 12%
therefore,
$$x\times\ \frac{71}{100}\times\ \frac{88}{100}=312.40$$
Solving for x we get , x = Rs 500
Hence , option C is correct
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