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Application of Discount in Real Life Situations

I offer a red...

Question

I offer a reduction in marked price. What is the term for this reduction?
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Solution

A reduction in marked price is called discount.

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Similar questions

The term for reduction in marked price is___

Q. A manufacturer offers a

20 %

rebate on the market price of a product. The retailer offers another

30 %

rebate on the reduced price. The two reduction are equal to a single reduction of:

Q. A trader marks his good 30℅ above the cost price but makes a reduction of 25/4 ℅ on the marked price for ready money. What is his gain percent?
(A)23.75℅
(B)23.25℅
(C)21.875℅
(D)20℅

Question 21

___ is a reduction on the marked price of the article.

Q. A trader marks his goods 30 % above the cost price but makes a reduction of cost price

6 \frac{1}{4}

% on the marked price for ready money. His gain percent is:

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Application of Discount in Real Life Situations

Standard VII Mathematics

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