Question 48

Discount is a reduction given on cost price of an article.

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Solution

False

Discount is a reduction given on marked price not on cost price.

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Question 48

Discount is a reduction given on cost price of an article.

If there is a discount of $40 %$ on an article costing $R s . 7000,$ then the price after discount is:

Question 102

What price should a shopkeeper mark on an article that costs him Rs. 600 to gain 20 %, after allowing a discount of 10 %?

Question 21

___ is a reduction on the marked price of the article.

When a discount of 15% is allowed on the marked price of an article, it is sold for ₹ 2975.

Calculate its marked price. Given that the marked price. Given that the marked price is 40% above the cost price of the article, calculate:

(i) its cost price

(ii) the profit in ₹ made by the sale of the article.

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