The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is
(a) 5%
(b) 95%
(c) 10%
(d) appx. 11%

Solution:

The Marked Price (MP) of the article = Rs. 80

The Selling Price (SP) is = Rs. 76

Therefore the discount is calculated as:

Discount = Rs. 80 - Rs. 76

= Rs. 4

Discount Rate is calculated on the marked price = [Discount/MP] × 100

Discount rate in % = (4/80) × 100

= 5%

Try This: The marked price of an article is Rs 90 and it is sold at Rs 85, then the discount rate is

The Marked Price (MP) of the article = Rs. 90

The Selling Price (SP) is = Rs. 85

Therefore the discount is calculated as:

Discount = Rs. 90 - Rs. 85

= Rs. 5

Discount Rate is calculated on the marked price = [Discount/MP] × 100

Discount rate in % = (5/90) × 100

= 5 5/9%

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

NCERT Exemplar Class 8 Maths Chapter 9 Problem 11

The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is (a) 5%, (b) 95%, (c) 10%, (d) appx. 11%

Summary:

The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is 5%

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