The marked price of a toy is Rs.450. After a certain discount on the marked price, the selling price of the toy is Rs.405. The rate of discount is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 10%.
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Understanding/Application |
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Marked price = Rs. 450 S.P. = Rs. 405 Discount amount = 450 - 405 = Rs. 45 |
| Discount rate = (45 × 100)/450 = 10% |