Question

a table with market price of 1000 was sold to a customer for 950 what is the rate of discount allowed on the table​

Answer 1

Answer:

Discount by the seller

=50/1000 × 100

= 5% Answer

Answer 2

MP of table = Rs. 1000

SP of the table = Rs. 950

Discout = MP - SP

= 1000 - 950

= Rs. 50

Rate of discount = Discount/MP * 100

= 50/1000 * 100

= 5 %

Therefore Rate of discount = 5%