Arithmeticeasy · Past Paper
If the MP of an object is Rs. 100 and it is sold for Rs. 85, the discount rate is:
A15%
B10%
C20%
D12.5%
✓ Correct Answer: A — 15%
Discount = 100 - 85 = 15. Since MP is 100, the percentage is directly 15%.
Share this question
More from Arithmetic
- A machine was sold at a loss of 10%. If it was sold for Rs. 60 more, there would have been a gain of 10%. Find CP.
- In a mixture of 60 liters, the ratio of milk and water is 2:1. If this ratio is to be 1:2, then the quantity of water to be further added is:
- A shopkeeper gives 10% discount on MP of Rs. 500 and still makes 25% profit. Find CP.
- If SP is Rs. 84 and gain is 20%, what is the CP?
- What is the formula to calculate profit percentage?