Question

Find the rate of discount being given on a shirt whose selling price is Rs 546 after deducting a discount of Rs 104 on its marked price.

Answer 1

Selling price = $Rs546$
Discount = $Rs104$
Marked Price = ?
Marked Price = selling price + discount
= $\mathrm{Rs}$ (546 + 104)
= Rs 650

$$\begin{gathered} \mathrm{Rate}\mathrm{of}\mathrm{discount}=104\times \frac{100}{650} \\ =16\% \end{gathered}$$

Therefore, the rate of discount given on the shirt is 16%.