Question

The marked price of a ceiling fan is Rs. 720. During off season, it is sold for Rs. 684. Determine the disount percent.

Answer 1

Marked price (M.P) of fan = Rs. 720
Sale price (S.P) = Rs. 684
$\therefore$ Amount of discount = M.P - S.P
= Rs. 720 - Rs. 684 = Rs. 36
$\therefore$ Discount percent $=\frac{Discount\times 100}{M.P}$
$=Rs.\frac{36\times 100}{720}=5\%$