Discount and Discount Percentage
Discount and Discount Percentage
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%
A man bought mangoes at 12 for a rupee.how many for a rupee must he sell to gain 20%? | |||
| Right Option : A | |||
| View Explanation | |||
A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650. | |||
| Right Option : C | |||
| View Explanation | |||
what is the formula of discount percent ? | |||
| Right Option : C | |||
| View Explanation | |||
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The experience was nice. I studied here for three years and saw a tremendous change in myself. I started liking subjects like English and SST which earlier I ran from. Extra knowledge gave me confidence to overcome competitive exams. One of the best institutes for secondary education.
Aman Kumar Shrivastava
10thIn 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...
Aman Kumar Shrivastava
10thAbhyas academy is great place to learn. I have learnt a lot here they have finished my fear of not answering.It has created a habit of self studying in me.The teachers here are very supportive and helpful. Earlier my maths and science was good but now it has been much better than before.
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10thIt was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
Cheshta
10thMy experience with Abhyas Academy has been very good. When I was not in Abhyas whenever teacher ask questions I could not speak it confidently but when I came in Abhyas, my speaking skills developed and now I am the first one to give the answer of teachers question.
Upmanyu Sharma
7thAbhyas 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...
Aman Kumar Shrivastava
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Shivam Rana
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Eshan Arora
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Barkha Arora
10thMy experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
Hiya Gupta
8thAbhyas Methodology is very good. It is based on according to student and each child manages accordingly to its properly. Methodology has improved the abilities of students to shine them in future.
Manish Kumar
10thAbhyas 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...
Shreya Shrivastava
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Shreya Shrivastava
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