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Question
If the discount of Rs y is available on the marked price of Rs x, then the discount percent is `x/y xx 100%`.
Options
True
False
Solution
This statement is False.
Explanation:
Marked price = Rs. x
Discount amount = Rs. y
∴ Discount percentage = `"Discount"/"Marked price" xx 100%`
= `y/x xx 100%`
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