A company bought a machine for ₹40000 and spent ₹10000 on its repairs. After some time, the machine was sold for ₹45000. How much discount was offered?
A company bought a machine for ₹40000 and spent ₹10000 on its repairs.
The total price of the machine = ₹40000+₹10000 = ₹50000
After some time, the machine was sold for ₹45000.
Discount percent = $$\frac{\left(50000-45000\right)}{50000}\times\ 100$$
= $$\frac{5000}{50000}\times\ 100$$
= 10%
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