11) The correct relationship is
O S.P. =M. P. - Discount
O M. P. =S. P. - Discount
O M. P. +S. P. = Discount
O None of these
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Given : Relationship between SP , MP and discount
To Find : correct relationship
A)S.P=M.P-DISCOUNT
B)M.P=S.P-DISCOUNT
C)M.P+S.P=DISCOUNT
D)none of these
Solution:
Marked Price MP
Sales Price = SP
Marked Price - Discount = Sales price
=> MP - Discount = SP
interchanging sides
=> SP = MP - Discount
SP = MP - Discount is the correct relationship
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