If a shopkeeper sells an item at Rs 1000 which is marked as Rs 1250, then what is the discount percentage he is offering?
- A25 percent
- B33.3 percent
- C250 percent
- D20 percent
Solution & Step-by-step Explanation
Given parameters:
Marked Price (MP) = Rs 1250
Selling Price (SP) = Rs 1000
Discount offered = MP−SP
Discount=1250−1000=Rs 250
Discount Percentage is calculated based on the Marked Price:
Discount %=(
MP
Discount
)×100%
Discount %=(
1250
250
)×100%
Discount %=
5
1
×100%=20%
Marked Price (MP) = Rs 1250
Selling Price (SP) = Rs 1000
Discount offered = MP−SP
Discount=1250−1000=Rs 250
Discount Percentage is calculated based on the Marked Price:
Discount %=(
MP
Discount
)×100%
Discount %=(
1250
250
)×100%
Discount %=
5
1
×100%=20%