The marketed price of a dining table is 1350 It is sold at 1188 after allowing certain discount find the rate of discount in%
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Given,
The marketed price of a dining table = Rs. 1350
The selling price of the dining table = Rs. 1188
To find,
The rate of discount in %.
Solution,
We can simply solve this mathematical problem using the following process:
Mathematically,
The rate of discount
= {(marketed price) - (final selling price)}/(marketed price) × 100
Now, according to the question;
The rate of discount of the dining table
= {(marketed price) - (final selling price)}/(marketed price) × 100
= {(1350) - (1188)}/(1350) × 100
= (162)/(1350)×100
= 12%
Hence, the rate of discount on the dining table is equal to 12%.
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