Question

an almirah of marked price rs 4000 is sold for rs 3700 after allowing certain discount. find the rate of discount

Answer 1

4000-37000=300,discounted amount
300 is how much of the percentage in 4000
Ie, ( 300/4000)*100=7.5
Ie 7.5 percentage of 4000 gives 300
Hence the discounted percentage is 7.5%