Question

An item marked at RS.840 is sold for 714. What is the discount and discount %​

Answer 1

Answer:

rupees 126 and 15%

Step-by-step explanation:

Marked Price (MP) = Rs. 840

Selling Price (SP) = Rs. 714

The discount price is given by the difference between the two.

Discount price (DP) = Marked Price (MP) - Selling Price (SP)

Substituting the values:

DP=MP−SP⇒DP=840−714⇒DP=Rs.126

Thus, the discount allowed on the item is of Rs. 126.

The formula to calculate the percentage of discount is:

D%=DPMP×100

Substituting the known values to calculate the discount percentage:

⇒D%=126840×100⇒D%=126084%⇒D%=15%

Thus, the percentage of discount given on the item is 15%.

Therefore, the discount and the percentage of discount on the given item is Rs. 126 and 15% respectively.

So, the correct answer is “Rs. 126 and 15% ”.

Answer 2

In context to question asked,

We have to determine the percentage discount and value of discount.

As per question,

We have,

MRP = Rs. 840

SP = Rs. 714

As we know that,

$Discount = MRP - SP$

So, we will get the value of discount as,

$Discount = 840-714 = Rs.\:126$

So, value of discount percentage will be $\frac{126}{840}\times 100\% = 15\%$

Hence, value of discount will be Rs. 126 while the value of percentage discount will be 15%.