List price of a book is Rs. 100. A dealer sells three such books for Rs. 274.50 after allowing discount at a certain rate, find the rate of discount = ?
A. 8.33%
B. 8.16%
C. 8.50%
D. 8.34%
Answer: Option C
Solution(By Examveda Team)
Given,= MRP of book = Rs. 100
= Selling price of 3 books = Rs. 274.50
= Selling price of 1 book = Rs. 91.50
Discount on each book
= 100 - 91.50 = Rs. 8.50
Therefore discount %
$$\eqalign{ & = \frac{{8.50}}{{100}} \times 100\,\% \cr & = 8.50\,\% \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
Join The Discussion