7. If the marked price of an article is Rs. 400/- and its sale price is Rs. 340/-, Find out the percentage of discount.
(A) 10%
(B) 15%
(C) 12%
(D) 18%
Answers
Answer:
option B is right answer
Step-by-step explanation:
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Answer:
Concept :
Discount is the state of having a bond's price lower than its face value. The difference between the purchase price and the item's par value is the discount. Discounts are different types of price reductions or deductions from a product's cost. It is frequently employed in consumer transactions when consumers receive discounts on a range of goods. The % discount rate is provided.
Explanation:
Given :
Marked price = Rs.400
Selling price = Rs.340
To find :
Percentage of discount?
Solution :
By the formula,
Discount %= [(Marked price - Selling piece)/Marked price] × 100
= [(400-340)/400]×100
= [60/400]×100
= 15%
•°• The percentage of discount is 15%
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