The marked price of a shirt is Rs.580.If the shopkeeper allows a discount of 20%,find the discount and the selling price.
Answers
sp =rs 464
discount = 580-464
=rs 116
≡QUESTION≡
The marked price of a shirt is ₹580. If the shopkeeper allow a discount of 20%, find the discount and the selling price.
║⊕ANSWER⊕║
Discount% = 20
Marked Price = Rs. 580
Using the fomulae:
1. Discount% = (Discount ÷ Marked Price) × 100
= (20/580) * 100
= Rs. 116
2. Selling Price = Marked Price - Discount
= 580 - 116
= Rs. 464