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The marked price of a book is Rs. 160 and it is sold for Rs. 136. What was the rate of discount.
- a)15%
- b)20%
- c)12%
- d)25%
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The marked price of a book is Rs. 160 and it is sold for Rs. 136. What...
Given:
Marked Price = Rs.160
Selling Price = Rs. 136
Formula used:
Discount = M.P − S.P
Where, M.P = Marked Price
S.P = Selling Price
Discount% = [(Discount/M.P) × 100]
Calculation:
Discount = M.P − S.P
⇒ 160 − 136 = Rs.24
According to the question:
Discount% = [(Discount/M.P) × 100]
⇒ Discount% = [(24/160) × 100] = 15%
∴ The rate of discount is 15%.
Most Upvoted Answer
The marked price of a book is Rs. 160 and it is sold for Rs. 136. What...
Cost price of book= 160
selling price of book=136
now, rate of discount = loss % (as discount only leads to some kind of loss)
so CP > SP
so loss = CP - SP = 160-136 = 24
loss % = ( loss / CP ) ÷ 100
=( 24 / 160 ) ÷ 100
= 15 %
So rate of discount = 15%
selling price of book=136
now, rate of discount = loss % (as discount only leads to some kind of loss)
so CP > SP
so loss = CP - SP = 160-136 = 24
loss % = ( loss / CP ) ÷ 100
=( 24 / 160 ) ÷ 100
= 15 %
So rate of discount = 15%
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Community Answer
The marked price of a book is Rs. 160 and it is sold for Rs. 136. What...
Given:
Marked price (MP) = Rs. 160
Selling price (SP) = Rs. 136
To find:
Rate of discount
Solution:
We know that,
Discount = MP - SP
Substituting the given values, we get
Discount = 160 - 136 = Rs. 24
Now, we can calculate the rate of discount using the formula:
Rate of discount = (Discount/MP) × 100
Substituting the values, we get
Rate of discount = (24/160) × 100 = 15%
Therefore, the rate of discount is 15%.
Answer: (a) 15%
Marked price (MP) = Rs. 160
Selling price (SP) = Rs. 136
To find:
Rate of discount
Solution:
We know that,
Discount = MP - SP
Substituting the given values, we get
Discount = 160 - 136 = Rs. 24
Now, we can calculate the rate of discount using the formula:
Rate of discount = (Discount/MP) × 100
Substituting the values, we get
Rate of discount = (24/160) × 100 = 15%
Therefore, the rate of discount is 15%.
Answer: (a) 15%
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