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The List Price of an Article is ₹450 and It is Sold for ₹360. Find: (I) Discount (Ii) Discount Percent

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Question

The list price of an article is ₹450 and it is sold for ₹360. Find: (i) discount (ii) discount percent

Sum
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Solution

List price (M.P.) of an article = ₹ 450

Selling price = ₹ 360

(i) ∴ Amount of discount = M.P. - S.P

= ₹ 450 - ₹ 360 = ₹ 90

(ii) Discount percent = `("Discount" xx 100)/"M.P."`

`= (90 xx 100)/450 = 20%`

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Concept for Application to Profit and Loss (Single Transaction Only)
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Chapter 10: Profit, Loss and Discount - Exercise 9 (C)

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R.K. Bansal Concise Mathematics [English] Class 7 ICSE
Chapter 10 Profit, Loss and Discount
Exercise 9 (C) | Q 4

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