What is the rate of retail discount on a book price ₹ 200 and sold at ₹ 175.
Solution:
Given, Mp = ₹ 200
Sp = ₹ 175
D = Mp - Sp
= Rs(200-175)
=Rs. 25
Therefore
D% = D/Mp × 100%
= 25/200 × 100%
= 12.5%
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