Question

the market price of a book is rs 160.if it is sold at 15%discount ,find the discount amount and selling price ​

Answer 1

Answer:

Cost price of book= 160

selling price of book=136

now, rate of discount = loss % (as discount only leads to some kind of loss)

so CP > SP

so loss = CP - SP = 160-136 = 24

loss % = ( loss / CP ) ÷ 100

=( 24 / 160 ) ÷ 100

= 15 %

So rate of discount = 15%