Question 72

If an item marked at Rs 480 is being sold at Rs 400, then what is the effective discount on the item?

Solution

Given

M.P.= 480/-

S.P.= 400/-

Discount = 80/-

Effective discount=$$\frac{discount}{M.P}\times100$$

Therefore,

$$\frac{80}{480}\times100$$

=16.67

Hence option B is right answer.

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