a chair is marked at rs 1540 and sold it for rs 1470. find the discount percent allowed.
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Answer:4.761%
Step-by-step explanation:
Marked price(MP)=Rs 1540
Selling price(SP)= Rs 1470
Then,
Discount amount=MP-SP=Rs(1540-1470)=Rs70
Now, discount %=(discount/SP)×100%
=(70/1470)×100%=(7000/1470)%=4.761%
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