An Alamirah of marked price ₹4,000 is sold for ₹3,700 after allowing certain discount. Find the rate of discount.
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Marked Price (M.P) of the Almirah is ₹ 4000
Selling Price (S.P) of the Almirah is ₹ 3700
SOLUTION
:
Discount = M.P - S.P
Discount = 4000 - 3700
Discount = ₹ 300
Now,
discount % = discount/mp ×100
discount % = 300/4000×100
discount percent =7.5
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