Question

if the MP is 480 and the discount offered is 3% the SP is

Answer 1

480×3/100
144/10
14.4 is discount. sp is
480-14.4
465.6

Answer 2

a simple way
when ever there is discount subtract the percent with 100 and then do
3%
so 100 - 3 = 97%
now
97/100×480=465.6
therefore the price is 465.6

here you no need to cacl. the discount amt. and subtract it from the price .

hope it helps