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An item marked at Rs 840 is sold for Rs 714. What is the discount %?
- a)20%
- b)10%
- c)15%
- d)none of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
An item marked at Rs 840 is sold for Rs 714. What is the discount %?a)...
Given, marked price = 840
selling price = 714
We know that Discount = MP - SP
= 840 - 714
= 126.
Discount% = 126/840 * 100
= 15%.
Most Upvoted Answer
An item marked at Rs 840 is sold for Rs 714. What is the discount %?a)...
Given, marked price = 840
selling price = 714
We know that Discount = MP - SP
= 840 - 714
= 126.
Discount% = 126/840 * 100
= 15%.
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Community Answer
An item marked at Rs 840 is sold for Rs 714. What is the discount %?a)...
Understanding the Problem
The problem involves calculating the discount percentage based on the marked price and the selling price of an item.
Given Values
- Marked Price (MP): Rs 840
- Selling Price (SP): Rs 714
Calculating the Discount
To find the discount, we first calculate the amount of discount received:
- Discount = Marked Price - Selling Price
- Discount = 840 - 714
- Discount = Rs 126
Calculating the Discount Percentage
The discount percentage can be calculated using the formula:
- Discount Percentage = (Discount / Marked Price) × 100
Substituting the values:
- Discount Percentage = (126 / 840) × 100
Now, let's simplify this:
- Discount Percentage = (0.15) × 100
- Discount Percentage = 15%
Conclusion
The discount percentage on the item is 15%, which corresponds to option 'C'.
This calculation helps in understanding how much money you save compared to the marked price when making a purchase.
The problem involves calculating the discount percentage based on the marked price and the selling price of an item.
Given Values
- Marked Price (MP): Rs 840
- Selling Price (SP): Rs 714
Calculating the Discount
To find the discount, we first calculate the amount of discount received:
- Discount = Marked Price - Selling Price
- Discount = 840 - 714
- Discount = Rs 126
Calculating the Discount Percentage
The discount percentage can be calculated using the formula:
- Discount Percentage = (Discount / Marked Price) × 100
Substituting the values:
- Discount Percentage = (126 / 840) × 100
Now, let's simplify this:
- Discount Percentage = (0.15) × 100
- Discount Percentage = 15%
Conclusion
The discount percentage on the item is 15%, which corresponds to option 'C'.
This calculation helps in understanding how much money you save compared to the marked price when making a purchase.
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