A shopkeeper gives a discount of 5 paise in one rupee on a commodity whose marked price is ? 16. What is the percentage of discount given Find the selling price.
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Answer:
Discount % = 0.005/1 × 100= 5%
As, MP = Rs. 16
So, SP = 95% ×16 = Rs. 15.20
Hence, SP = Rs. 15.20
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