Question

The price of refrigerator was slashed from Rs.35000 to rs.29400 in the winter season .Find the rate of discount.​

Answer 1

Solution :

M.P = ₹ 35,000

S.P = ₹ 29,400

We know that,

Discount = M.P - S.P

Discount = ₹ 35000 - ₹ 29400 = ₹ 5600

Discount % = [ Discount/M.P ] × 100

Discount % = [ 5600/3500 ] × 100

Discount % = 16 %

Hence, the rate of discount is 16 %

Answer 2

Given

• Marked price refrigerator = Rs.35000
• Selling price = Rs.29400

To find

• Rate of discount

Solution

As we know that

→ Discount = Marked price - selling price

→ Discount = 35000 - 29400

→ Discount = Rs.5600

Now,

→ Discount % = Discount/Marked price × 100

→ Discount % = 5600/35000 × 100

→ Discount % = 16%

Hence,

• Rate of discount on refrigerator = 16%