Question

3. Find the rate of discount when
(i) M.P. = 300 and S.P. = 240​

Answer 1

Answer:

Discount = MP-SP

Discount=300-240=60

Answer 2

Discount = MP - SP = 300 - 240 = 60
Rate of discount = discount/ MP x 100
= (60 x 100)/300
= 20 percent