Example 4: The list price of a frock is * 220.
A discount of 20% is announced on sales. What is the amount
of discount on it and its sale price.
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Answer:
List (Marked) Price of the frock = 220, Rate of discount =20%
Amount of discount =
100
20
×220
= 44
∴ Selling Price of the frock = Marked Price − Discount
=220−44
= 176.
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