Question

The MP of a fan is 620. Due to off season, a 15% discount is offered. Find the SP of the fan​

Answer 1

Answer: 542

Step-by-step explanation:

C.P. Of the fan = 620

Discount offered = 15%

                            = 15/100*620

                            =  78

Selling Price of the fan = 620 - 15% of 620

                                      = 620 - 78

                                      = 542

Therefore, S.P. is 542 .

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Answer 2

Concept

The cost price(C.P.) is the price at which the respective person buys an article.

The marked price(M.P) is the price at which the article is marked to be sold.

The discount is offered on an article upon its M.P. to calculate the S.P.

The selling price(S.P.) is the price at which the respective person sells an article.

Given

We are given M.P. of a fan = 620.

We are given a discount = 15%.

Find

We are asked to find the S.P. of the fan.

Solution

To find the S.P. of the fan, we apply a 15% discount on the M.P.

∴ S.P. = M.P. - 15% of M.P.

or, S.P. = 620 - 15% of 620

or, S.P. = 620 - (15/100)*620

or, S.P. = 620 - 93

or, S.P. = 527

Hence the S.P. of the fan is 527.

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