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he marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs. 684. Determine the discount percent.

Question

Question

The marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs. 684. Determine the discount percent.

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Solution

1. Break Down the Problem

To determine the discount percent, we need to find out how much discount was given on the ceiling fan and then calculate the percentage discount based on the marked price.

2. Relevant Concepts

  • Discount can be calculated using the formula:
    Discount=Marked PriceSelling Price \text{Discount} = \text{Marked Price} - \text{Selling Price}
  • Discount Percent is calculated using the formula:
    Discount Percent=(DiscountMarked Price)×100 \text{Discount Percent} = \left( \frac{\text{Discount}}{\text{Marked Price}} \right) \times 100

3. Analysis and Detail

  1. Find the Discount:

    • Marked Price = Rs 720
    • Selling Price = Rs 684
    • Discount = Marked Price - Selling Price
      Discount=720684=36 Rs \text{Discount} = 720 - 684 = 36 \text{ Rs}
  2. Calculate the Discount Percent:

    • Discount Percent = (36720)×100 \left( \frac{36}{720} \right) \times 100
      =(0.05)×100=5% = \left( 0.05 \right) \times 100 = 5\%

4. Verify and Summarize

The calculations are verified:

  • Discount of Rs 36 is correct based on the given prices.
  • The calculation of the discount percent yields 5%, which is a valid mathematical result.

Final Answer

The discount percent on the ceiling fan is 5%.

This problem has been solved

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