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Question
The marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs 684. Determine the discount percent.
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Solution
Given,
MP of the ceiling fan = Rs . 720
SP of the ceiling fan = Rs . 684
Since SP = MP - Discount,
Discount = MP - SP
= Rs . (720 - 684)
= Rs . 36
\[\text { Discount % } = \left( \frac{\text { Discount }}{MP} \right) \times 100 % \]
\[ = \frac{36}{720} \times 100 % \]
\[ = 5 \]%
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