at what price dicount is claculated markad price
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Answer:
Amount of discount is = Marked Price – Selling Price. In other words we can say that = (1500 – 1350) = Rs 150. Thus, the Percentage of discount = 10% and the correct option is B) 10%.
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In the profit and loss section, the cost of a product is very crucial. If you have marked the cost of the product wrong, you may not see any profit at all. In the following section, we will see what we mean by marked price. We will also see all the other relevant terms and try and understand how to determine marked price such that the profit is maximum.
Step-by-step explanation:
Amount of discount is = Marked Price –Selling Price.
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