Question

2. Find the rate of discount when (a) M.P.=7300 and S.P.-7270​

Answer 1

Answer:

Given,

MP=300

SP=240

Discount=MP−SP=300−240=60

Discount Rate =

MP

Discount

×100%=

300

60

×100%=

5

100

%=20%

Rate of Discount =20%

Answer 2

Answer:

Given,

MP=300

SP=240

Discount=MP−SP=300−240=60

Discount Rate =

MP

Discount

×100%=

300

60

×100%=

5

100

%=20%

Rate of Discount =20%