Question

An item is marked at $Rs1,540$ is sold for $Rs1,400$ what is the discount and discount $\%$?

Answer 1

Market price $(M.P)=Rs.1540$

Selling price $(S.P)=Rs.1400$

Discount $=M.P-S.P$

$=1540-1400=Rs.140$

Discount $\%=\frac{discount}{marketprice}\times 100=\frac{140}{1540}\times 100$

$=9.09\%$