20% discount means if the marked price of an article is Rs .100 then its selling price is Rs -------. *
Answers
Given:
20% discount means if the marked price of an article is Rs .100
To find:
It's selling price
Solution:
The marked price of the article. M.P. = Rs. 100
The rate of discount on the article, D%= 20%
Let's assume "S.P." as the selling price of the article.
We know,
∴ Discount amount =
Now,
The S.P. of the article will be,
= M.P. - Discount amount
= Rs. 100 - Rs. 20
= Rs. 80
Thus, the selling price of the article is → Rs. 80.
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