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Question
Find discount in per cent when M.P. = Rs 625 and S.P. = Rs 562.50
Solution
Marked price (MP) = Rs. 625
Selling price (SP) = Rs. 562.50
∵ Discount = Marked price – Selling price
= Rs. 625 – Rs. 562.5
= Rs. 62.5
∴ Discount % = `"Discount"/"Marked price" xx 100`
= `62.5/625 xx 100`
= `6250/625`
= 10%
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