Answer:
SP of the product is ₹105.6
Step-by-step explanation:
Given,
Market Price of a product = ₹120
Discount = 12%
To find,
We need to the Selling Price (SP)
Solution,
We know that
Selling Price (SP) = Market Price(MP) - Discount Price
Thus
Discount Price = Market Price x Discount
= 120 x 12%
= 120 x (12/100)
= 14.4
so,
SP = 120 - 14.4
SP = 105.6
Thus, the SP of the product is ₹105.6