Discount Rate

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.

  1. 8.5%
  2. 8.34%
  3. 8.33%
  4. 8.16%
Monis Rasool Professor Asked on 28th August 2015 in Maths.
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  • 1 Answer(s)

    Answer: (1) 8.5 %

    Explanation:-
    List price pf a book = Rs. 100
    Therefore, the list price 3 books = 3 x 100
    = Rs. 300

    The selling price of 3 books = Rs. 274.5
    Discount = 300 – 274.5 = Rs. 25.5
    Then, the percentage of discount = 25.5 x 100/300
    = 8.5%

    Then, the rate of discount is 8.5%.

    Hence, the answer is (1) 8.5%

    Anurag Mishra Professor Answered on 2nd September 2015.
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