A toothpaste labeled at Rs., 80 is sold for Rs., 68 rate of discount is....... %

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7.Profit and Loss

easy

A toothpaste labeled at $Rs.\, 80$ is sold for $Rs.\, 68$ The rate of discount is.......$\%$

A

$12$

B

$14$

C

$15$

D

None of these

Solution

Marked price $(M.P.)$ = ₹$80.$

Selling price $(S.P.)$ $=₹ 68$

Discount $= M \cdot P \cdot- S \cdot P =80-68=₹ 12$

$\therefore \quad$ Rate of discount $=\frac{\text { Discount } \times 100}{\text { Marked Price }}=\frac{12 \times 100}{80}=15 \%$

Standard 13

Quantitative Aptitude

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