The marked price of an article is Rs.500. It is sold at a discount of 25%, find the net selling price.
Answers
Given :-
- marked price of an article = Rs.500.
- Discount = 25% .
To Find :-
- The net selling price = ?
Solution :-
we know that,
- SP = MP * (100 - Discount%) / 100 .
putting given values we get,
→ SP = 500 * (100 - 25) / 100
→ SP = (500 * 75) / 100
→ SP = 5 * 75
→ SP = Rs.375 (Ans.)
Hence, The net selling price of the article will be Rs.375 .
Method 2) :-
→ MP = Rs.500
→ Discount = 25% => 25% of MP = (25 * 500)/100 = Rs.125 .
then,
→ SP = MP - Discount = 500 - 125 = Rs.375 (Ans.)
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SOLUTION
GIVEN
- The marked price of an article is Rs.500.
- It is sold at a discount of 25%
TO DETERMINE
The net selling price.
CONCEPT TO BE IMPLEMENTED
Discount : Discount is a reduction on Marked Price (MP)
Sale price(SP) = Marked price (MP) - Discount
EVALUATION
Here it is given that the marked price of an article is Rs.500.
It is sold at a discount of 25%
So discount amount
Hence net selling price
= Marked price (MP) - Discount
= Rs 500 - Rs 125
= Rs 375
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