Question

Find discount per cent when: MP $=Rs.625$ and SP $=Rs.562.50$

Answer 1

Marked price (MP) $=Rs.625$

Selling price (SP) $=Rs.562.50$

Discount $=$ Marked price $-$ Selling price

$=Rs.625-Rs.562.5$

$=Rs.62.5$

$\therefore$ Discount $\%$ $=\frac{\text{Discount}}{\text{Marked price}}\times 100$

$=\frac{62.5}{625}\times 100$

$=\frac{6250}{625}$

$=10\%$