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Question
A mixer grinder marked at ₹ 4500 is sold for ₹ 4140 after discount. The rate of discount is __________
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Solution
8%
Explanation;
Hint:
Marked price is ₹ 4500
Discounted price in ₹ 4140
∴ Discount = Marked price – Discounted price
= 4500 – 4140 = 360
∴ Rate of discount = `"Discount"/"Marked Price" xx 100`
= `360/4500 xx 100`
= 8%
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