If the shopkeeper sells an item at rs 1600 which is marked as rs 2000, then what is the discount he is offering?
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S.P = Rs.1600
M.P = Rs.2000
Discount = M.P - S.P = 2000 - 1600 = Rs. 400
Discount% = Discount/M.P * 100 = 400/2000 * 100 = 20%
Hence he is offering a discount of 20% which is equal to Rs.400
Hope it helps
M.P = Rs.2000
Discount = M.P - S.P = 2000 - 1600 = Rs. 400
Discount% = Discount/M.P * 100 = 400/2000 * 100 = 20%
Hence he is offering a discount of 20% which is equal to Rs.400
Hope it helps
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