What is Discount ? ā§°ā§āĻšāĻžāĻ āĻāĻŋ ? Discount â Practice Question
What is Discount ? / ā§°ā§āĻšāĻžāĻ āĻāĻŋ ?
Discount is the reduction in the marked price of an item. It is the amount deducted from the marked price when selling an item. (Discount (ā§°ā§āĻšāĻžāĻ) āĻšā§āĻā§ āĻā§āĻ¨ā§ āĻŦāĻ¸ā§āĻ¤ā§ā§° āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ā§° āĻĒā§°āĻž āĻāĻŽāĻžāĻ āĻĻāĻŋāĻ¯āĻŧāĻž āĻ§āĻ¨ā§° āĻĒā§°āĻŋāĻŽāĻžāĻŖāĨ¤ āĻ ā§°ā§āĻĨāĻžā§, āĻŦāĻ¸ā§āĻ¤ā§ āĻāĻāĻž āĻŦāĻŋāĻā§ā§°ā§ āĻā§°āĻžā§° āĻ¸āĻŽāĻ¯āĻŧāĻ¤ āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ā§° āĻĒā§°āĻž āĻ¯āĻŋāĻŽāĻžāĻ¨ āĻāĻāĻž āĻāĻŽā§ā§ąāĻž āĻšāĻ¯āĻŧ, āĻ¸ā§āĻ¯āĻŧāĻžāĻ ā§°ā§āĻšāĻžāĻāĨ¤)
Formula / āĻ¸ā§āĻ¤ā§ā§° : Discount = MP - SP
- MP (Marked Price): āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯
- SP (Selling Price): āĻŦāĻŋāĻā§ā§°ā§ āĻŽā§āĻ˛ā§āĻ¯
- Discount: ā§°ā§āĻšāĻžāĻ
Example / āĻāĻĻāĻžāĻšā§°āĻŖ: āĻ§ā§°āĻž āĻšāĻāĻ, āĻāĻāĻž āĻ¸ā§āĻā§āĻ˛ āĻŦā§āĻā§° āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ âš800 āĻā§°ā§ āĻĻā§āĻāĻžāĻ¨ā§āĻ¯āĻŧā§ āĻ¸ā§āĻāĻā§ âš700-āĻ¤ āĻŦāĻŋāĻā§ā§°ā§ āĻā§°āĻŋāĻ˛ā§āĨ¤ (Suppose a school bag has a marked price of âš800 and is sold for âš700.)
Discount (ā§°ā§āĻšāĻžāĻ) = âš800 − âš700 = âš100
Ans / āĻāĻ¤ā§āĻ¤ā§°: The discount is âš100. / ā§°ā§āĻšāĻžāĻā§° āĻĒā§°āĻŋāĻŽāĻžāĻŖ âš100āĨ¤
Discount Percentage / ā§°ā§āĻšāĻžāĻā§° āĻļāĻ¤āĻžāĻāĻļ
Discount % = Discount / MP x 100
100 / 800 x 100 = 12.5%
Tip / āĻā§āĻļāĻ˛: Discount is always calculated on the Marked Price (MP). ā§°ā§āĻšāĻžāĻā§° āĻļāĻ¤āĻžāĻāĻļ āĻ¸āĻĻāĻžāĻ¯āĻŧ āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ (MP)-ā§° āĻāĻĒā§°āĻ¤ āĻāĻŖāĻ¨āĻž āĻā§°āĻž āĻšāĻ¯āĻŧāĨ¤
Discount – Practice Question
Q. The marked price of an item is âš800. A discount of 15% is given. What is the selling price ? āĻĒā§ā§°āĻļā§āĻ¨: āĻāĻāĻž āĻŦāĻ¸ā§āĻ¤ā§ā§° āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ âš800āĨ¤ āĻāĻ¯āĻŧāĻžā§° āĻāĻĒā§°āĻ¤ 15% ā§°ā§āĻšāĻžāĻ āĻĻāĻŋāĻ¯āĻŧāĻž āĻšā§āĻā§āĨ¤ āĻŦāĻŋāĻā§ā§°ā§ āĻŽā§āĻ˛ā§āĻ¯ āĻāĻŋāĻŽāĻžāĻ¨ āĻš’āĻŦ ?
Options / āĻŦāĻŋāĻāĻ˛ā§āĻĒāĻ¸āĻŽā§āĻš: (A) âš660ã (B) âš680ã (C) âš700ã (D) âš720
Solution / āĻ¸āĻŽāĻžāĻ§āĻžāĻ¨
1st: Given / āĻĻāĻŋāĻ¯āĻŧāĻž āĻāĻā§
i. Marked Price = âš800 (āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ = âš800)
ii. Discount = 15% (ā§°ā§āĻšāĻžāĻ = 15%)
2nd: Calculate the Discount / ā§°ā§āĻšāĻžāĻā§° āĻĒā§°āĻŋāĻŽāĻžāĻŖ āĻāĻ˛āĻŋāĻā§ąāĻž
Discount (ā§°ā§āĻšāĻžāĻ) = 800*15/100 = âš120
3rd: Calculate the Selling Price / āĻŦāĻŋāĻā§ā§°ā§ āĻŽā§āĻ˛ā§āĻ¯ āĻāĻ˛āĻŋāĻā§ąāĻž
Selling Price = Marked Price - Discount
= 800 - 120 = âš680
Ans / āĻāĻ¤ā§āĻ¤ā§°: (B) âš680
Trick / āĻā§āĻļāĻ˛
After a 15% discount, we pay 100% - 15% = 85% of the marked price. (15% ā§°ā§āĻšāĻžāĻ āĻĻāĻŋāĻ¯āĻŧāĻžā§° āĻĒāĻŋāĻāĻ¤ āĻāĻŋāĻšā§āĻ¨āĻŋāĻ¤ āĻŽā§āĻ˛ā§āĻ¯ā§° 100% - 15% = 8 % āĻĻāĻŋāĻŦ āĻ˛āĻžāĻā§āĨ¤)
800 * 85 / 100 = âš680
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