Question

Find the discount and dicount % if SP=4700 MP=6400​

Answer 1

Here the selling price and marked price are given

SP = 4700

MP = 6400

We have to find the discount and discount percentage

What is the formula to calculate discount?

Discount = Marked price - Selling price

               = 6400 - 4700

               = 1700

What is the formula to calculate discount percentage?

Discount percentage = $\frac{discount}{MP}\times 100$

                                   = 1700/6400 × 100

                                    = 26.56

So, the discount percentage will be 26.56 %.