Discount: Discount is defined as the amount of rebate given on the label price (marked price) of an article. It is given by merchants/shopkeepers for attracting customers for increasing their sales. The customer or buyer pays the difference between the marked price and the discount. Thus,
S.P. = Marked Price - Discount
Illustration: A shopkeeper marked an article at rs 4950. He then gave a discount of Rs 495. Find his discount %?
Solution: Marked Price = Rs 4950
Discount = Rs 495
Illustration: Articles are marked at a price which gives a profit of 25%. After allowing a certain discount, the profit reduces to . Find the discount percent.
Solution: Let the C.P. of an article be Rs 100. Then, to attain a profit of 25%, marked price must be 25% more than the cost price.
So, Marked price = Rs 100 + Rs 25 = Rs 125
After allowing a certain discount the profit reduces to .
So, Profit =
So, S.P. = C.P. + Profit
Now, M.P. = S.P. + Discount
Discount = M.P. - S.P.
So, Discount %
Hence, discount = 10%
Find discount in percent when M.P. = Rs 1600 and S.P. = Rs 1180` | |||
Right Option : C | |||
View Explanation |
A trader marks his goods 40% above the cost price and gives a discount of 20% on market price.the gain % is | |||
Right Option : C | |||
View Explanation |
Daniel paid $20 for a T-shirt in a sale, while the price tag was $25. Find discount in percentage? | |||
Right Option : A | |||
View Explanation |
Abhyas institute is one of the best coaching institute in the vicinity of Ambala Cantt area. The teachers of the institute are well experienced and very helpful in solving the problems of the students.The good thing of the institute is that it is providing extra classes for the students who are w...
In terms of methodology I want to say that institute provides expert guidence and results oriented monitering supplements by requsite study material along with regular tests which help the students to improve their education skills.The techniques of providing education helps the students to asses...
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Usually we see institutes offering objective based learning which usually causes a lag behind in subjective examinations which is the pattern followed by schools. I think it is really a work of planning to make us students grab the advantages of modes of examination, Objective Subjective and Onli...
About Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
We started with lot of hope that Abhyas will help in better understnding of complex topics of highers classes. we are not disappointed with the progress our child has made after attending Abhyas. Though need to mention that we expected a lot more. On a scale of 1-10, we would give may be 7.
Abhyas institute is one of the best coaching institute in the vicinity of Ambala cantt.The institute provides good and quality education to the students.The teachers are well experienced and are very helpful in solving the problems. The major advantages of the institute is extra classes for weak...
My experience with Abhyas is very good. I have learnt many things here like vedic maths and reasoning also. Teachers here first take our doubts and then there are assignments to verify our weak points.
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Abhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.
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Third consective year,my ward is in Abhyas with nice experience of admin and transport support.Educational standard of the institute recumbent at satisfactory level. One thing would live to bring in notice that last year study books was distributed after half of the session was over,though study ...
I have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying