The marked price of an article is ₹1200.The shopkeeper sold it to a customer for ₹1020.Find the discount % given. *
Answers
Given :-
• Marked Price of an article is Rs 1200
• The shopkeeper sold it to a customer for ₹1020
To Find :-
• We have to find the discount %
Solution :-
Marked Price of an article = ₹1200
Selling price of an article = ₹1020
Here,
Marked Price > Selling price
Therefore,
Discount price
= Marked Price - Selling Price
Subsitute the required values,
Discount price on an article
= 1200 - 1020 = ₹180
Thus, The discount price on an article is ₹180
Now,
Discount % on an article
= Discount price / Marked Price * 100
Discount % on an article = 180/1200 * 100
Discount % on an article = 180/12
Discount % on an article = 15%
Hence, The discount given by shopkeeper to a costumer is 15%
Some more Formulas :-
• SP - CP = Profit , SP > CP
• CP - SP = Loss , CP > SP
• SP - Profit = CP
• CP + Profit = SP
• CP - Loss = SP
• SP + Loss = CP
• Profit % = Profit/ CP * 100
• Loss % = Loss / CP * 100
➤ Given :-
Marked price of an article :- ₹1200
Selling price of an article :- ₹1020
➤ To Find :-
The loss percentage of tye article.
★ How to do :-
Here, we are given with the marked price and the selling price of an article. We are asked to find the loss percentage of that article. First, we should find the loss rupees by subtracting the cost price and the selling price. Then, we should apply the formula that is used to calculate the percentage value. For finding the loss percentage, we are required with loss rupees anf the cost price. So, we find the loss rupees. So, let's solve!!
➤ Solution :-
Loss rupees :-
Substitute the given values.
Subtract the values to get the loss rupees.
Now, let's calculate the loss percentage.
Loss percentage :-
Substitute the given values.
Write the fraction in lowest form by cancellation method.
Cancel the zeros in denominator and thr while number.
Now, find the loss percentage.
The loss percentage of the article is 15%.
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