The marked price of a gift item is₹176 and sold it for₹165 find the discount percentage
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Solution:-
Given : Market price = Rs 176, Selling price = Rs 165.
As discount is given on the market price so, the discount is = Market price - Selling price
= 176 - 165
Discount = Rs. 11
The discount percentage = (discount × 100)/market price
= (11 × 100)/176
Discount percentage = 6.25 %
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