Discount is the reduction in the selling price.

True

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False

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Solution

The correct option is B
False

Discount is the reduction in the marked price to obtain the final selling price. In order to increase the sale or clear the old stock, sometimes the shopkeepers offer a certain percentage of rebate on the marked price. This rebate is known as a discount.

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Similar questions

State whether the given statement is true or false:

Discount is the reduction in the selling price.

Discount is the decrease in selling price.

Discount is the reduction given on the ________ price.

10

R s . 4500

27.5

\frac{(100 + loss %)}{100} \times CP .

\frac{100}{(100 + gain %)} \times SP .

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