An article marked at ₹5000 is sold for ₹4200. Find the discount and discount percentage.
₹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
⇒ 5000 - 4200 = ₹800
∴ Discount = ₹800
Discount Percentage = DiscountMarked Price× 100
⇒ 8005000× 100 = 16 %
∴ Discount Percentage = 16 %