Practice Questions on Discount Formula
Q1. If a 100 rupees item is available at 20% discount. What is the selling price of item after the discount?
Q2. If you purchased an object of 1200 rupees at 20% discount and gets an additional discount of 5% for cash payment, what is Selling Price of the object??
Q3. A retailer sells an object of CP 800 at a discount of 20% after increasing its price by 25%, then what is the selling price of the object?
Q4. Find the selling price of an object selling at a discount of 15% and the market price is 1999 rupess.
Discount Formula
Discount in Mathematics is defined as the reduction in price of any service and product. Discount is offered by the business owner to easily and quickly sell their product or services. Giving discounts increases the sales of the business and helps the business retain its customer.
Discount is always calculated on the marked price of the object. In the sale of an object Cost Price, Selling Price, Profit, Loss, and discount are calculated. We have to study the Discount Formula in Class 8.
Here in this article, we will learn about the discount definition, types of discounts, discount formula, discount rate, and its solved examples and others in detail.
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