Question

An item marked at $\mathrm{Rs}.840$ is sold for $\mathrm{Rs}.714$. What are the discount and $\mathrm{discount}\%$?

Answer 1

Given, the marked price of an item $=\mathrm{Rs}840$

The selling price of the item $=\mathrm{Rs}714$

Step 1: Find the discount

We know that $\mathrm{Discount}=\mathrm{marked}\mathrm{price}-\mathrm{selling}\mathrm{price}$

$$\begin{gathered} =840-714 \\ =\mathrm{Rs}126 \end{gathered}$$

Thus the discount is $\mathrm{Rs}126$

Step 2: Find the $\mathrm{discount}\%$

$\mathrm{Discount}\%=\frac{\mathrm{discount}}{\mathrm{marked}\mathrm{price}}\times 100$

$$\begin{gathered} =\frac{126}{840}\times 100 \\ =\frac{1260}{84} \\ =15\% \end{gathered}$$

Thus $\mathrm{discount}\%$ is $15\%$.

Therefore, discount is $\mathrm{Rs}126$ and $\mathrm{discount}\%$ is $15\%$.