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Find the S.P. If M.P. = Rs 500 and Discount = 15%.

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Question

Find the S.P. if  M.P. = Rs 500 and Discount = 15%.

Answer in Brief
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Solution

\[\text { We know that SP = MP - Discount }\]

\[\text { Discount % } = \frac{Discount}{MP} \times 100\]

\[\text { Discount = } \frac{\text { Discount % } \times MP}{100}\]

\[ = \frac{15 \times 500}{100}\]

\[\text { So, SP = Rs } . \left( 500 - \left( \frac{15}{100} \times 500 \right) \right)\]

\[ = Rs . (500 - 75)\]

\[ = Rs . 425\]

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