An article which is marked at Rs. 975 is sold for Rs. 897. The % discount is = ?

Solution (By Examveda Team)

Given, Mark price = Rs. 975
Selling price = 897
Discount = Marked price - Selling price
Discount = 975 - 897 = 78
$$\eqalign{ & {\text{Then discount}}\% \cr & = \frac{{{\text{Discount}}}}{{{\text{Mark Price}}}} \times 100 \cr & = \frac{{78}}{{975}} \times 100 \cr & = 8\% \cr} $$