the marked price of a sofa set is Rs. 16000 . Due to diwali discount, it is sold for Rs. 14000. What discount percent on it ?
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Discount % is 12.5 %.
Marked Price of sofa set (MP) = Rs. 16000
Selling price of sofa set (SP) = Rs. 14000
We know that,
Discount = MP - SP
= 16000 - 14000
= 2000
Discount on sofa set = Rs. 2000
We know that,
Discount % = Discount/MP * 100
= 2000/16000 * 100
= 2/16 * 100
= 200/16
= 12.5 %
Therefore the discount % is 12.5 %.
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