write the formula to find the trade discount as percentage when marked price and selling price is given
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Answer: Given : Marked Price = Rs 1500, and Selling Price = Rs 1350. Amount of discount is = Marked Price – Selling Price. In other words we can say that = (1500 – 1350) = Rs 150. Thus, the Percentage of discount = 10% and the correct option is B)
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Answer:
First, we must find DISCOUNT before getting to DISCOUNT PERCENTAGE
Discount = MP - SP
So, we found the Discount; D
Now to find the Discount Percentage
FORMULA = x 100 = D%
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