find the rate of discount being given on a ceiling fan whose seliing price is Rs1175 after allowing a discount of Rs 75 on its marked price.

Question

find the rate of discount being given on a ceiling fan whose
seliing price is Rs1175 after allowing a discount of Rs 75 on its
marked price

Varun.Rawat · Accepted Answer

Let the MP of the fan = Rs xSelling price = Rs 1175Discount =Rs 75Now,SP = MP - dfiscount⇒1175 = x - 75⇒x = 1175 + 75 = 1250So
, MP = Rs 1250Let the rate of discount = y %Now,discount = y% of 1250⇒75 = y100 × 1250⇒y = 6So, rate of the discount = 6 %