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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The list price of the frock is Rs. 220 and the discount percentage is 20%
We have to find the discount and selling price
Discount = 20% × 220
= (20/100) × 220
= 44
Selling price = list price - discount
= 220 - 44
= 176
Hence, the discount and selling price will be Rs. 44 and Rs. 176 respectively.
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