Question

Find the rate of discount being given on a shirt whose selling price is ₹ 1092 after deducting a discount of ₹ 208 on its marked price.

Answer 1

SP of the shirt = ₹1,092
Discount = ₹208
MP = SP + Discount = ₹1,092 + ₹208 = ₹1,300
∴ Rate of discount = $\frac{\mathrm{Discount}}{\mathrm{MP}}\times 100\%=\frac{208}{1300}\times 100\%=16\%$