Question

Question 11

The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is
(a) 5%
(b) 95%
(c) 10%
(d) approx 11 %

Answer 1

The marked price of an article = Rs 80
Sold price of the article = RS 76
We know that,
Selling price = Marked price - Discount
$\therefore$ Discount = Marked price - Selling price
$\Rightarrow$ Discount = Rs 80 - Rs 76 = Rs 4
$\therefore$ Discount $\%=\frac{4}{80}\times 100=\frac{40}{8}=5\%$ $[\because \text{discount}\%=\frac{discount}{markedprice}\times 100]$