A bag marked at Rs. 80 is sold for Rs.68. The rate of discount is:

12 %

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15 %

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17 \frac{11}{17}

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20 %

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Solution

The correct option is B 15 %
M.P $= R s .80$
S.P $= R s .68$
Discount $= M . P - S . P = 80 - 68 = R s .12$
Rate of discount $= \frac{12}{80} \times 100 = 15 %$

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An item marked at Rs. 840 is sold for Rs. 714. What is the discount and discount %?

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20 % .

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