1.

The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is:(a) 5% (b) 95% (c) 10% (d) appx. 11%

Answer»

(a) 5%

Explanation: 

Marked price = Rs. 80

Sold price = Rs.76

We know that,

Selling price = Marked price – Discount

Discount = Marked price – Selling price

Discount = Rs.80-Rs.76 = Rs.4

Discount % = 4/80 x 100 = 5%



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