Question

A clock is marked at rs.120 and sold for rs.96. Find the rate of discount

Answer 1

here your answer will be-
(120-96)/120 *1/100
= 24/120* 1/100
= 20%
therefore the rate of discount is 20%.
hope it's help you

Answer 2

The rate of discount is 20%.

Step-by-step explanation:

Given : A clock is marked at Rs.120 and sold for Rs.96.

To find : The rate of discount ?

Solution :

The market price is MP=Rs.120

The selling price is SP=Rs.96

The rate of discount is given by,

$D\%=\frac{MP-SP}{MP}\times 100$

$D\%=\frac{120-96}{120}\times 100$

$D\%=\frac{24}{120}\times 100$

$D\%=0.2\times 100$

$D\%=20\%$

Therefore, the rate of discount is 20%.

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