9. The price of a rain coat was slashed from Rs.1060 to Rs.901 by a shopkeeper in the winter season to boost
the sales. Find the rate of discount given by him
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0
Answer:
1060-901
ans is 159
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4
Answer:
The rate of discount given by the shopkeeper in the winter season is 15%.
Step-by-step explanation:
Required Formula: Selling Price = Marked Price – [Discount% * Marked price]
The original price of the raincoat, Marked Price = Rs. 1060
The price of the raincoat after giving the discount, Selling Price of the raincoat = Rs. 901
Let the rate of the discount be “x”%.
Substituting the given values in the above formula, we get
901 = 1060 – [x% * 1060]
⇒ (x/100) * 1060 = 1060 – 901
⇒ (x/100) * 1060 = 159
⇒ x = [159/1060] * 100
⇒ x = 15%
Thus the rate of discount is 15%.
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