MP of a fan is rupees 620. due to offseason, 15% discount is offered. find the SP of the fan.
Answers
Answer:
₹ 527
Step-by-step explanation:
Marked Price = ₹ 620
Discount = 15%
Selling Price = MP - (Discount% of MP)
= 620 - (15/100 × 620)
= 620 - (3/2 × 62)
= 620 - (3 × 31)
= 620 - 93
= ₹ 527
Therefore, the selling price or the SP of the fan will be ₹527.
Given,
The marked price of a fan, MP = ₹620,
Discount offered = 15%.
To find,
The selling price of the fan that is, SP.
Solution,
It is given here that for a fan,
MP = ₹620.
Due to the off-season, some discount (say, d) is being offered, which is 15%.
So, d = 15%.
We have to determine the selling price, that is, SP.
Now, we know that the discount is offered on MP, the actual discount offered (amount) can be calculated using the following relation.
Rearranging the above eq. (1),
So, the actual discount offered here will be,
⇒ discount = ₹93.
Now, since,
selling price = marked price - discount
Or,
SP = MP - discount
⇒ SP = 620 - 93 [∵ discount = ₹93]
⇒ SP = ₹527.
Therefore, the selling price or the SP of the fan will be ₹527.
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