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An item marked at ₹750 is sold for ₹660.the rate of discount is
(a) 8%
(b) 12%
(c) 14%
(d) 18%?
Most Upvoted Answer
An item marked at ₹750 is sold for ₹660.the rate of discount is (a) 8%...
Understanding the Problem
To find the rate of discount on an item, we need to calculate the discount amount and then determine what percentage this discount is of the marked price.
Step 1: Identify Key Values
- Marked Price (MP): ₹750
- Selling Price (SP): ₹660
Step 2: Calculate the Discount Amount
- Discount = Marked Price - Selling Price
- Discount = ₹750 - ₹660 = ₹90
Step 3: Calculate the Rate of Discount
- Rate of Discount (%) = (Discount / Marked Price) × 100
- Rate of Discount (%) = (₹90 / ₹750) × 100
Step 4: Perform the Calculation
- Rate of Discount (%) = 0.12 × 100
- Rate of Discount (%) = 12%
Conclusion
The rate of discount on the item is 12%. Therefore, the correct answer is (b) 12%.
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An item marked at ₹750 is sold for ₹660.the rate of discount is (a) 8%(b) 12%(c) 14%(d) 18%?
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An item marked at ₹750 is sold for ₹660.the rate of discount is (a) 8%(b) 12%(c) 14%(d) 18%? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about An item marked at ₹750 is sold for ₹660.the rate of discount is (a) 8%(b) 12%(c) 14%(d) 18%? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An item marked at ₹750 is sold for ₹660.the rate of discount is (a) 8%(b) 12%(c) 14%(d) 18%?.
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