Discount is a reduction given on cost price of an article. Is the following statement true or false

Solution:

The statement is False.

Discount is a reduction always given on the marked price.

✦ Try this: Rajesh buys an article at a discount of 15% which is given on the marked price of Rs. 720. What is the amount Rajesh pays for the article?

Discount = Discount % × marked price

= 15% × 720

= (15/100) × 720

= Rs.108

Discounted Price = Rs. 720 - Rs. 108

= Rs. 612

This is the amount Rajesh pays for the article.

☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 8

NCERT Exemplar Class 8 Maths Chapter 9 Problem 48

Discount is a reduction given on cost price of an article. Is the following statement true or false

Summary:

Discount is a reduction given on cost price of an article is a false statement.

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