If a table marked price Rs. 6000 was sold to a customer for Rs. 5500, then the rate of discount allowed on the table is = ?
A. 10%
B. 8%
C. $$8\frac{1}{3}\% $$
D. 9%
Answer: Option C
Solution(By Examveda Team)
$$\eqalign{ & {\text{Discount }} \cr & {\text{ = 6000}} - {\text{5500 }} \cr & {\text{ = Rs}}{\text{. 500}} \cr & {\text{Discount}}\% {\text{ }} \cr & = \frac{{500}}{{6000}} \times 100 \cr & = \frac{{50}}{6} \cr & = \frac{{25}}{3}{\text{ }} \cr & = 8\frac{1}{3}\% \cr} $$Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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