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The rate of discount on an article whose marked price is RS. 170 and the selling price is Rs. 130 is:
  • a)
    22.45%
  • b)
    24.26%
  • c)
    23.53%
  • d)
    23.60%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The rate of discount on an article whose marked price is RS. 170 and t...
Marked price = 170
Selling price = 130
Let the discount percentage be A.
⇒ 130 = 170 – 170 × A/100
⇒ 13000 = 17000 – 170A
⇒ 170A = 4000
⇒ A = 23.52%
∴ Discount percentage is 23.52%.
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Most Upvoted Answer
The rate of discount on an article whose marked price is RS. 170 and t...
Discount is calculated as the difference between the marked price and the selling price of an article. To find the rate of discount, we need to calculate the percentage of discount.

Given:
Marked price = Rs. 170
Selling price = Rs. 130

Step 1: Calculate the discount
Discount = Marked price - Selling price
Discount = Rs. 170 - Rs. 130
Discount = Rs. 40

Step 2: Calculate the rate of discount
Rate of discount = (Discount / Marked price) * 100
Rate of discount = (40 / 170) * 100
Rate of discount = 0.2353 * 100
Rate of discount = 23.53%

Therefore, the rate of discount on the article is 23.53%.

Explanation:

- We are given the marked price of the article as Rs. 170 and the selling price as Rs. 130.
- To find the rate of discount, we first calculate the discount by subtracting the selling price from the marked price.
- In this case, the discount is Rs. 40 (Rs. 170 - Rs. 130).
- To calculate the rate of discount, we divide the discount by the marked price and multiply by 100 to get the percentage.
- In this case, the rate of discount is (40 / 170) * 100 = 0.2353 * 100 = 23.53%.
- Therefore, the rate of discount on the article is 23.53%.

Note: It is important to understand the concept of discount and how to calculate the rate of discount. In this case, the rate of discount is calculated based on the marked price of the article.
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The rate of discount on an article whose marked price is RS. 170 and the selling price is Rs. 130 is:a)22.45%b)24.26%c)23.53%d)23.60%Correct answer is option 'C'. Can you explain this answer?
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