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An item marked at Rs 840 is sold for Rs 714. What is the discount and discount%?

An item marked at Rs 840840 is sold for Rs 714 714 . What is the discount and discount%\%?

Full solution

Q. An item marked at Rs 840840 is sold for Rs 714 714 . What is the discount and discount%\%?
  1. Calculate Discount Amount: Calculate the discount amount.\newlineThe discount is the difference between the marked price and the selling price.\newlineDiscount = Marked Price - Selling Price\newlineDiscount = Rs 840840 - Rs 714714
  2. Subtract to Find Discount: Perform the subtraction to find the discount. Discount = Rs 840Rs840 - Rs 714714 = Rs $\(126\)
  3. Calculate Discount Percentage: Calculate the discount percentage.\(\newline\)The discount percentage is the discount divided by the marked price, then multiplied by \(100\) to get the percentage.\(\newline\)Discount Percentage = \(\frac{\text{Discount}}{\text{Marked Price}} \times 100\)\(\newline\)Discount Percentage = \(\frac{\text{Rs } 126}{\text{Rs } 840} \times 100\)
  4. Divide and Multiply for Percentage: Perform the division and multiplication to find the discount percentage.\(\newline\)Discount Percentage = \((\text{Rs } 126 / \text{Rs } 840) \times 100 = 0.15 \times 100 = 15\%\)

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