Madhya Pradesh Police Exam Model Paper 10

Question : 54 of 100

Marks: +1, -0

An article costing Rs. 110 was sold for Rs. 104.5. How much discount was offered?

Solution:

Given:
Marked price (MP) of the article is Rs.110
Article is sold for Rs.104.5
Formula Used:
Discount % = 100 × (MP – SP)/MP
Calculation:
Marked price of the article (MP) = 110
Selling Price (SP) = 104.5
∴ Discount %

= 100 × (110 – 104.5){/}110 = 100 × 5.5{/}110 = 5%

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