Question

An item marked at ₹940 is sold for ₹814 . What is the discount and discount%?

Answer 1

CP of item = 940 rupees
SP of item= 814 rupees
Loss (discount) = 940-814 => 126
loss% (discount%) = ( loss/CP×100)
= 126/940×100 13.45 %
Hence, the required discount% is 13.45%