Question

The marked price of a ceiling fan is Rs. 720. During off season, it is sold for Rs. 684. Determine the discount percent.

Answer 1

Given,

Marked price = 720

Selling price = 684

Discount = M.P. – S.P.

= 720 - 684 = 36

% discount = \(\frac{discount}{M.P.}\)x 100

= \(\frac{36}{720}\)x 100 = 5%

Discount = 5%