Hence the selling price = Marked Price - Discount.
Generally discount is given in terms of the percentage. A '20% discount' implies
that, an item should be sold by reducing the marked price by 20%. That is if the
marked price of an item is Rs. 100 a discount of Rs. 20 is given on it. Hence the
selling price of the item will be 100 - 20 = Rs. 80
In such transaction if the discount is x %.
Discount
then
100 Marked Price
x
Marked Price x x
.. Discount =
100
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