the marked price of an article is 1400 rupees if it is sold for 1120 find percentage of the discount . Explain in breif
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- Discount percentage is 20%.
Step-by-step explanation:
Given:-
- Market price of an article is Rs. 1400 .
- Selling price of article is Rs. 1120 .
To find:-
- Discount percentage.
Solution :-
We know that,
Market price = Rs. 1400 .
- We do not have discount. So, by using discount formula, Discount will be :
Discount = Market price - selling price
= 1400 - 1120
= 280
Discount = Rs. 280.
Put, Discount and market price in formula :
Therefore,
Discount percentage is 20%.
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