Question

The list price of an article is ₹ 400 and it is sold for ₹ 360. Find the percent discount on the article.

• A. 5%
• B. 7.5%
• C. 10%
• D. 12.5%

Answer 1

The correct option is C 10%

Given that,
List price of an article (M.P) = ₹ 400
Selling price of an article (S.P) = ₹360
$\therefore$ Amount of discount = M.P - S.P
= ₹ (400 - 360)
= ₹ 40
So, the amount of discount on the article is ₹ 40.
$\therefore Discountpercent=\frac{Discount\times 100}{M.P}$
$=\frac{40\times 100}{400}$
$=10\%$
Hence, the discount percent of the article is 10%.