Find the rate of discount when Marked Price is Rs 2800 and Selling Price is Rs 2100.

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Solution

Marked price = 2800
Selling price= 2100
Marked price =Selling price + Discount
Discount = Marked price - Selling price
=2800-2100
=700
Discount percentage is always calculate on the marked price.

Let thediscount percentage be x.

marked price × (x/100) = discount

⇒ x = (700 x 100) / (2800)

⇒ x = 25

Therefore, the rate of discount is 25%.

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