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Profit, Loss & Discount · Question 33 of 72

Question 33

EasyOriginal question

A backpack marked at ₹1,250 is sold for ₹1,000. What rate of discount was given?

Options for question 33

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Discount = ₹1,250 − ₹1,000 = ₹250.

  2. Discount % = 2501250×100=20%\frac{250}{1250} \times 100 = 20\%.

Worth noting

Discount % is on the marked price. Dividing ₹250 by the selling price gives 25%. 80% is the price paid as a share of the MP.

Concept
Discount percentage on marked price
Typical time
35 s
Your time
—
The rule this testsMarked price and discount
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