The price of an article os Rs. 24000, if The price is discounted Rs. 1200. What is the discount percentage?
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- Discount percentage is 5%.
Step-by-step explanation:
Given:-
- Market price of article is Rs.24000.
- Discount is Rs.1200 .
To find:-
- Discount percentage.
Solution:-
We know that,
Discount percentage = Discount/Market price × 100
- Discount is the amount deducted from the normal selling price of something.
- Market price is original price of something.
- Formula for discount: Discount = Market price - Selling price.
- Selling price is the price by which something is selled.
➞ Discount percentage = 1200/24000 × 100
➞ Discount percentage = 1200/240
➞ Discount percentage = 5
Therefore,
Discount percentage is 5%.
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