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 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 | |||
An umbrella marked at Rs.80 is sold for Rs.68.the rate of discount is | |||
| Right Option : B | |||
| View Explanation | |||
At a clearance sale, all gods are on sale at 45% discount. If I buy a skirt marked Rs 600, how much would I need to pay? | |||
| Right Option : C | |||
| View Explanation | |||
Students / Parents Reviews [10]
My 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
8thIt 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
10thI 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
Yatharthi Sharma
10thAbhyas 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.
Om Umang
10thIt was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
Eshan Arora
8thAbout 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.
Shreya Shrivastava
8thBeing a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.
Prisha Gupta
8thA marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
Archit Segal
7thMy experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
Ayan Ghosh
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.
