Question

Marked price of goods is Rs. 500 and discount rate is 10%. Find the Discount.

Answer 1

Marked price of goods $=Rs.500$
Discount rate $=10$
$\therefore Discount=\frac{\text{Marked price}\times \text{Discount rate}}{100}$
$=\frac{500\times 10}{100}$
$=Rs.50$