A jacket is marked for RS 2590. If the S.P of the jacket is Rs2331,find discount percentage
Answers
➤ Given :-
Marked price of jacket :- ₹ 2590
Selling price of jacket :- ₹ 2331
➤ To Find :-
Discount percentage of the jacket
➤ Formula required :-
➤ Solution :-
First, we should find the value of the discount in numerical format by subtracting the cost price and the selling price
Discount :-
Now,
Discount percentage :-
The discount percentage of the jacket is 10%.
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Some related formulas :-
Profit :-
Profit percentage :-
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More to know :-
- Profit and discount are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The discount is obtained when the cost price is greater than selling price. The profit and discount can also be converted into percentage format by some mathematical formulas.
- To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
- To convert the discount to percentage form, first we should divide the loss and cost price and then multiply by 100.
Given :
- MP = Rs.2,590
- SP = Rs.2,331
To Find :
- Discount Percentage
Solution :
Analysis :
Here first we have to find the discount. Then from that discount we can find the discount percentage.
Required Formula :
- Discount = MP - SP
- Discount% = (Discount/MP) × 100
where,
- SP = Selling Price
- MP = Marker Price
Explanation :
Discount :
We know that if we given the selling price and the marked price and is asked to find the discount then our required formula is,
Discount = MP - SP
where,
- MP = Rs.2,590
- SP = Rs.2,331
Using the required formula and substituting the required values,
⇒ Discount = MP - SP
⇒ Discount = Rs.(2590 - 2331)
⇒ Discount = Rs.259
∴ Discount = Rs.259.
Discount% :
We know that if we given the discount and the marked price and is asked to find the discount% then our required formula is,
Discount% = (Discount/MP) × 100
where,
- Discount = Rs.259
- MP = Rs.2590
Using the required formula and substituting the required values,
⇒ Discount% = (Discount/MP) × 100
⇒ Discount% = (259/2590) × 100
⇒ Discount% = (1/10) × 100
⇒ Discount% = (1/1) × 10
⇒ Discount% = 10
∴ Discount% = 10%.
The discount percentage is 10%.
Explore More :
- Profit = SP - CP
- Loss = CP - SP
- Profit% = (Profit/CP) × 100
- Loss% = (Loss/CP) × 100
where,
- SP = Selling price
- CP = Cost price