Question

An article marked at ₹5000 is sold for ₹4200. Find the discount and discount percentage.

• A. ₹800, 20%
• B. ₹800, 14%
• C. ₹800, 16%
• D. ₹700, 10%

Answer 1

The correct option is C

₹800, 16%

Marked Price is the price labelled on any particular item / good.

Selling Price is the price on which that particular item / good is sold.

Discount = Marked Price - Selling Price

In this question,

Marked Price = ₹5,000 and
Selling Price = ₹4,200.

Discount = Marked Price - Selling Price
$\Rightarrow$ 5000 - 4200 = ₹800
$\therefore$ Discount = ₹800

Discount Percentage = $\frac{Discount}{MarkedPrice}\times$ 100
$\Rightarrow$ $\frac{800}{5000}\times$ 100 = 16 %
$\therefore$ Discount Percentage = 16 %