Question 70(i)

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

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Solution

Marked price (MP) = Rs. 625
Selling price (SP) = Rs. 562.50
$∵$ Discount = Marked price - Selling price = Rs. 625 - Rs. 562.5 = Rs. 62.5
$∴$ Discount % = $\frac{D i s c o u n t}{M a r k e d p r i c e} \times 100 = \frac{62.5}{625} \times 100 = \frac{6250}{625} = 10 %$

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