Price markdown effect: An article costs ₹15000. Due to a market slump, its price decreases by 8%. What is the new price?

Introduction / Context:This question applies a single percentage decrease to a marked price to find the new price after a discount-like reduction.

Given Data / Assumptions:

• Original price = ₹15000.
• Decrease = 8%.

Concept / Approach:New price = Original * (1 − decrease%). Here that factor is 0.92.

Step-by-Step Solution:

Verification / Alternative check:Calculate directly: 15000 * 0.92 = 13800 — consistent.

Why Other Options Are Wrong:

• ₹14000, ₹16500, ₹12600, ₹13200 are not equal to 92% of ₹15000.

Common Pitfalls:Subtracting 8 rupees or 8% of a different base. Always compute 8% of the original price.

Final Answer:₹13800