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Question

The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is:

A
5%
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B
10%
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C
12%
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D
15%
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Solution

The correct option is A 5%
Marked price = Rs. 80
Sold price = Rs. 76
We know that,
Selling price = Marked price - Discount
Discount = Marked price - Selling price
Discount = Rs. 80 - Rs. 76 = Rs. 4
Discount % =480×100=5%

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