If a shopkeeper sells an item at Rs 1250 which is marked as Rs 1500, then what is the discount he is offering?
- A20 percent
- B16.67 percent
- C25 percent
- D10 percent
Solution & Step-by-step Explanation
Given:
Marked Price (MP) = Rs. 1500
Selling Price (SP) = Rs. 1250
Discount offered:
Discount=MP−SP=1500−1250=Rs. 250
Discount percentage:
Discount%=(
MP
Discount
)×100
Discount%=(
1500
250
)×100=
15
250
=16.67%
Marked Price (MP) = Rs. 1500
Selling Price (SP) = Rs. 1250
Discount offered:
Discount=MP−SP=1500−1250=Rs. 250
Discount percentage:
Discount%=(
MP
Discount
)×100
Discount%=(
1500
250
)×100=
15
250
=16.67%