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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% |
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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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