Question

The marked price of a scooter is Rs 47,500. If the selling price is Rs 43,700, what is the percentage of the discount given by the shopkeeper?

Answer 1

Marked price of the scooter = Rs 47,500
Selling price of the scooter = Rs 43,700
Let the discount percent be x%.
Discount = Marked Price × p.c. discount
= 47500 × x%
$=47500\times \frac{x}{100}$
= 475x

Selling price = Marked Price − Discount
⇒ Marked Price = Selling price + Discount
⇒ 47,500 = 43,700 + 475x
⇒ 3800 = 475x
⇒ x = 8
∴ The discount on the scooter is 8%.